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Volatility period has begun.

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We need to see if the price can hold above OBV Low.

We need to see if the price can hold above OBV High or HA-High.

It is showing a downward trend while failing to rise above OBV Low.

If this continues to decline further, we should check if the HA-Low indicator is newly created.

This volatility period is expected to start around June 6 (June 5-7) and continue until around June 13 (June 12-14).

If the auxiliary indicator OBV falls below the Low Line, there is a possibility of another large decline.

At this time, the key is whether it can receive support and rise near 99705.62.

If not, it is expected to select the trend again when it meets the M-Signal indicator on the 1W chart.

The basic trading strategy is to buy at the HA-Low indicator and sell at the HA-High indicator.

If you apply this basic principle, you buy when it rises above 102049.52 and shows support, and sell near 104938.72.

For this basic principle to be applied normally, OBV is rising and the StochRSI indicator is rising.

However, it is better if the StochRSI indicator has not entered the overbought zone if possible.

However, if it is resisted and falls at the HA-Low indicator, it is likely to show a stepwise downtrend, and if it is supported and rises at the HA-High indicator, it is likely to show a stepwise uptrend.

Therefore, when testing support near the HA-Low indicator, if the OBV shows a downward trend and the StochRSI indicator shows a downward trend (if possible, a downward trend in the overbought area), the possibility of a stepwise downtrend increases.

The end of the stepwise uptrend that occurs after meeting the HA-Low or HA-High indicator is a downtrend, and the end of the stepwise downtrend is an uptrend.

Therefore, the trading method should be a fractional trading method.

I think the important thing in spot trading is how much you increase the number of coins (tokens).

Of course, depending on the situation, it may be better to make cash profits.

Since the coin market allows trading in decimal units, it is a useful investment market for increasing the number of coins (tokens).

Therefore, we can increase the number of coins (tokens) corresponding to profits while conducting trading according to the basic trading strategy.

That is, when the price rises by the purchase amount for each purchase price, sell it and leave the number of coins (tokens) corresponding to the profit.

At this time, you should be careful to include the transaction fee in the purchase amount and sell it.

The coins that are good for increasing the number of coins (tokens) corresponding to the profit rather than cash profit are BTC or ETH.

Additionally, BNB is also possible.

I think it is better to obtain cash profit if possible for the rest of the altcoins.

However, if there is a coin (token) that you think you want to increase in the medium to long term, you can increase the number of coins (tokens) corresponding to the profit by increasing the number of coins (tokens).

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Thank you for reading to the end.
I hope you have a successful transaction.

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- This is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)

3-year bull market, 1-year bear market pattern

I will explain more details when the bear market starts.

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Note

The support and resistance roles of the indicator depend on how long the horizontal line is maintained.

In other words, the longer the horizontal line of the indicator, the stronger the support and resistance role.

Therefore, it should be interpreted that the points 106133.74, 101947.24, 89294.25, and 78595.86 are likely to have strong support and resistance roles.

However, the indicator formed up to the current candle position is more likely to faithfully perform its current support and resistance role.

Therefore, it is recommended to first look at the indicator point formed up to the current candle position, and then look at the point where the horizontal line of the indicator is long.

From the current price position, since the OBV Low indicator is formed up to the current candle, you can see that in order to rise, it must rise above 106133.74 to receive support.

I have talked about which indicator to select and draw the horizontal line.

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From a trend perspective, the indicators used are the M-Signal indicators of the 1D, 1W, and 1M charts.

Therefore, you can see the current trend by looking at the arrangement status of each M-Signal indicator.

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The basic trading strategy is to buy near the HA-Low indicator and sell near the HA-High indicator.

However, if it receives support from the HA-High indicator and rises, it is likely to show a stepwise upward trend, and if it receives resistance from the HA-Low indicator and falls, it is likely to show a stepwise downward trend.

The reason why it is good to stick to the basic strategy is because there is a high possibility that it will return to the area near the indicator point where it entered.

For example, if you sold (SHORT) near the HA-High indicator point of 101947.24, I am telling you that there is a high possibility that it will eventually return to the area near the point where it entered.

Therefore, if possible, it is recommended to trade based on whether there is support near the HA-Low or HA-High indicator.

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If you want to buy when the HA-Low indicator shows support,
- Check if the OBV breaks through the Low Line or High Line,
- Check if the StochRSI indicator is showing an upward trend.

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If you look at the section marked with a circle, you can see that it is showing support near the HA-High indicator.

Even though the StochRSI indicator is showing a downward trend in the overbought zone and the OBV is falling from the High Line, it is showing support near the HA-High indicator.

Therefore, you should practice checking whether there is support near the HA-Low or HA-High indicator.

To do that, you need to invest a long time and observe the movement.

Trade active

#BTCUSDT

During the volatility period around June 6 (June 5-7), the OBV's Low Line is showing an upward trend.

If it closes like this, we can see that the low is rising.

Accordingly, the key is whether it can rise above 106133.74 and receive support.

If it fails to rise, we should see if it can break through upward during the next volatility period around June 11-13 (maximum June 10-14).

If not, it may touch the area around 99705.62-101947.24 again, so we should think about a response plan for this.

The HA-High indicator on the 1D chart is formed at the 108316.90 point, so it can act as a resistance zone.

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Also on:

Related publications

Check support: Fibonacci ratio 1.902(101978.54) ~ 2(106178.85)

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