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If there is a coin (token) that appears to be rising above the M-Signal (MS-Signal) indicator on the 1M chart, you need to pay attention and keep a close eye on its movements.
To explain this, let's take the WAVESUSDT chart as an example.
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(WAVESUSDT 1M chart) It is rising above 3.426 and showing signs of rising above the MS-Signal indicator.
Accordingly, the key is whether it can receive support and rise around 2.676-3.426.
(1W chart) If you look at the chart as a whole, the movements are difficult to discern.
The key is whether the price can be maintained by rising above the M-Signal indicator on the 1M chart.
However, since the M-Signal (MS-Signal) of the 1W chart < M-Signal of the 1M chart, in order to continue a large upward trend, the M-Signal (MS-Signal) of the 1W chart must be > M-Signal of the 1M chart. This is expected to be possible if the price is maintained above the M-Signal on the 1W chart.
You can think of this concept as the price moving average line when studying charts.
The price moving average line is very useful in chart analysis, but from a trading perspective, it has significant disadvantages, so it is recommended to draw support and resistance points on the 1M, 1W, and 1D charts.
(1D chart) Accordingly, the price will be maintained above 3.767, the HA-High indicator point, and volatility will occur or movement will appear to slow down until the M-Signal of the 1W chart > M-Signal of the 1M chart.
The occurrence of volatility means that there is a force trying to form a trend more quickly, so caution is needed when trading coins (tokens) that are showing this type of behavior.
A slowdown in movement can be interpreted as buying in progress.
However, it can be interpreted that there are forces that are trying to ensure stable purchases by preventing individual traders from taking interest in coins (tokens) that show this behavior.
No matter what it looks like, maintaining the price above the M-Signal indicator on the 1M chart will ultimately lead to a continued upward trend.
These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.
#BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55
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