Introduction to one of the basic trading methodsHello traders!
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Basic trading method
(How to purchase)
1. Aggressive buying when falling by more than -10%
2-1. Buy when there is an upward trend on the 1D chart (when the price is maintained above the MS-Signal indicator) and when the candle is a downward candle.
2-2. Buy when there is a downward trend on the 1D chart (when the price is maintained below the MS-Signal indicator) and when the candle breaks upward through important support and resistance points.
Therefore, buy when there is a rising candle.
(Selling method)
1. Split sale when it rises by more than +10%
2. Split selling when the high point cannot be renewed
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The basic trading methods introduced above are methods that can be traded even if you are not familiar with chart analysis.
Among these, I will take the time to explain the trading method corresponding to 2-2 of the purchasing method.
You can know the trend based on the MS-Signal indicator on the 1D chart.
Currently, it has fallen below the MS-Signal indicator, and the MS-Signal indicator has been converted to a downward indication.
Therefore, it should be interpreted that there is a high possibility that the current downward trend will continue.
Therefore, in the basic trading method, you should buy when the candle is below the MS-Signal indicator on the 1D chart, that is, when it is in a downtrend.
Therefore, you should buy after confirming that the price breaks above the support and resistance points.
Basically, you can trade using HA-High, HA-Low indicators and box sections.
If you purchased when it fell more than -10% on January 12, you can proceed with a second purchase if it rises above the HA-High indicator.
You can proceed with aggressive buying when the HA-High indicator breaks above the 43450.03 point.
In that case, you will have to sell it in installments when it appears to be rising and then falling.
If you don't like it, you should check for support at 43450.03.
In order to confirm support, it is necessary to check for at least 1-3 days after rising above 43450.03.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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 zone, you should check the movement when this zone is touched.
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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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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HA-MS
Limitations of Secondary IndicatorsHello traders!
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(BTCUSDT 1W chart)
It rose and closed above 43823.59 for the first time since December 04.
After 5 weeks, it is finally showing signs of upward progress.
Accordingly, if it falls below the 43160.0-43823.59 range and shows resistance, a stop loss is necessary.
The 43823.59 point is the HA-High indicator point on the 1M chart.
Therefore, I think it will be a test of whether it can pass the first hurdle to start a major bull market.
Currently, the HA-High indicator on the 1W chart is formed at 59370.07.
Therefore, in order to pass the second point for the start of a major bull market, the HA-High indicator on the 1W chart must rise or higher.
It is considered normal if the HA-High indicator of the 1W chart and the HA-High indicator of the 1M chart are interchanged, but in fact, the HA-High indicator is an indicator for trading and has nothing to do with normal or reverse arrangement.
Since the HA-High indicator on the 1W chart is at a fairly high price, it would be better to shake it up and down to create a new HA-High indicator, but I don't know that.
Therefore, there is a possibility that it will continue to rise and touch the HA-High indicator of the current 1W chart.
In any case, if the M-Signal indicators on the 1D, 1W, and 1M charts continue to align, the coin market will maintain an upward trend.
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What I want to talk about is the limitations of auxiliary indicators.
Secondary indicators are most effective when prices are moving sideways or have just broken out of a sideways range.
In addition, if the price fluctuates sharply or continues to trend in one direction, the secondary indicator will appear incorrect.
The phenomenon is expressed as divergence.
Therefore, it is recommended to use secondary indicators only when the indicator is in a sideways section or has just exited a sideways section.
After that, you should use the indicators displayed in the price chart section.
In the future, we hope that you will not miss a good opportunity by referring to the movements of secondary indicators when the price falls sharply or deviates from the current box range.
Have a good time.
thank you
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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.
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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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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The key is whether this week's candle closes above 43160.0Hello traders!
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(BTCUSDT 1W chart)
The key is whether this week's candle can close above 43823.59.
If it fails to close above 43823.59, I think there is a high possibility of a decline since it is the 5th week of resistance at 43823.59.
At this time, you need to check whether it can receive support and rise around 37253.81-38531.90.
(1D chart)
This period of volatility runs until January 6th.
Therefore, we need to check where this week's candle closes.
The next period of volatility will be around January 16th.
The fluctuation range in the next volatility period is expected to be in the range of 42053.66-45135.66 (maximum 37253.81-56150.01).
It is necessary to check whether the price can rise along the rising channel based on the rising trend line (2).
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USDT and USDC are maintaining an upward trend, creating a gap.
I think this is evidence that funds are continuously flowing into the coin market.
(USDT chart)
If USDT dominance is located below the 5.89-6.39 range, I think the coin market is likely to maintain an upward trend.
(BTC.D chart)
At this time, if BTC dominance falls below 50 and remains, I think there is a high possibility that an altcoin bull market will begin.
Otherwise, if it rises, altcoins are likely to gradually sideways or decline because funds are concentrated towards BTC.
However, as BTC rises, BTC dominance rises, and if BTC dominance rises above 61 and then begins to fall, the coin market is expected to enter a major bull market.
A major bull market refers to a bull market in which most coins (tokens) renew their new highs (ATH) beyond imagination.
Have a good time.
thank you
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
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 zone, you should check the movement when this zone is touched.
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
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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HA-High : If supported, the previous latest high can be updatedHello traders!
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(BTCUSDT chart)
The key is whether it can receive support and rise around 34110.32-34786.17.
If it rises, we need to check whether it can rise above 37253.81-38531.90.
This is because the 37253.81-38531.90 area is expected to be the first resistance area in the current upward trend.
(1W chart)
It is important to see whether a new candle is created and the HA-High indicator appears to be about to be newly created.
To do this, there must be an up and down shaking motion.
If there is no up and down movement, there may be an up and down movement around 38531.90, so you need to think about a countermeasure.
Therefore, when it falls after resistance near 38531.90, if the price is maintained above 29241.72-30767.38, it is expected to create a pull back pattern and rise again.
Therefore, in the 1W chart, which direction it will deviate from the 30767.38-38531.90 section is an important issue.
If it rises above 38531.90, this bull market is expected to end by rising to around 46431.5.
(1D chart)
The rise began with a rise above 29241.72-30767.38 and rose to the 37486.17-37779.56 range, which is the first important support and resistance range.
Additionally, since the HA-High indicator was created at the 34389.02 point, if it is supported and rises around this area, it is expected to renew the previous latest high.
In order to show a greater upward trend, the following conditions must be met.
In this chart, we believe that maintaining the price above the HA-High indicator meets the following conditions.
Therefore, an important question is what movement will cause the price to rise above the HA-High indicator on each time frame chart.
The HA-High indicator on the 1D chart is showing support as it is created at the current price position.
Accordingly, the short-term upward trend is expected to continue.
Next is whether the HA-High indicator on the 1W chart is generated from the current price position.
Because the RSI indicator has entered the overbought zone due to this rise, the possibility of a new HA-High indicator being created when it falls from the overbought zone has increased.
If a new HA-High indicator on the 1W chart is created, then we will continue the discussion.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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Indicators that can identify trends: MS-Signal indicatorHello?
Traders, welcome.
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(LINKUSDT chart)
The composition of the chart consists of price and volume.
Therefore, chart analysis can be interpreted differently depending on how you interpret price and volume.
First of all, if you look at the price part, you can see that the trend and various indicators were created based on price candles and moving averages.
Therefore, it will be difficult to interpret the chart as the concept of the arrangement of the candles and the price moving average is not established.
The array of price candles, that is, the high and low points formed by connecting the candles, draws each trend line to check which direction the current price movement is moving.
However, it is necessary to be careful because it is difficult to find the highs and lows of a low time frame chart, so it is possible to draw an incorrect trend line.
A false trend line means that you drew a trend line, but did nothing with it.
The more false trend lines you have, the less information you can get from chart analysis, and the trading strategy created with such reduced information loses its usefulness, so you need a solid basis even when drawing a trend line.
With a firm basis on how to draw a trend line, we will have time to explain in detail later on how to draw it.
The MS-Signal indicator shown in this chart is an indicator that can confirm the trend by using the formula of the MACD indicator.
Therefore, it is necessary to become familiar with the interpretation method using MS-Signal indicators before practicing drawing trend lines.
The MS-Signal indicator utilizes the formula of the MACD indicator. If you look at the formula of the MACD indicator, you can see that it was created using a moving average.
Therefore, if you understand the concept of moving averages, I think you will have no difficulty in using the MACD indicator.
MS-Signal indicator consists of M-Signal indicator and S-Signal indicator.
Therefore, an arrangement of M-Signal indicator > S-Signal indicator means that it is in an uptrend.
During this uptrend, if the price candle holds the price above the MS-Signal indicator, it means that the uptrend is likely.
We have also explained indicators that use volume to mark support and resistance points.
That index is the OBV index included in the HA-MS index.
The OBV indicator is an indicator that shows the change in trading volume due to price fluctuations, and the key point of the OBV indicator is 0.
Interpretation of trading volume can be difficult to understand, so we will take time to explain in detail when the explanation of the price chart part is being finalized.
In this chart, the 'Vol & Trend' sub-indicator includes indicators that utilize trading volume.
What I want to explain this time is about the MS-Signal indicator explained above.
Since the MS-Signal indicator is published in the trading view formula, you can look it up if you want to know the formula. (HA-MS indicator)
MS-Signal indicators are composed of M-Signal indicators and S-Signal indicators.
Among these two indicators, the key indicator is the M-Signal indicator.
Therefore, it is designed to display M-Signal indicators of 1M, 1W, and 1D charts separately.
Utilizing these indicators, it plays a role in showing the overall trend of the price chart immediately even if it is below the 1D chart.
(4h chart)
The 4h chart above is a chart set to display only the M-Signal indicators of the 1D, 1W, and 1M charts.
If the M-Signal indicators form a regular arrangement (1D > 1W > 1M), you can see that there is an upward trend from a long-term perspective, just by looking at the 4h chart.
These marks can reduce the time it takes to analyze a chart because it can shorten the viewing time when viewing multiple charts.
It also reduces the chance of getting caught in a whipsaw by price fluctuations.
Chart analysis is just analysis, you need a trading strategy to trade.
Chart analysis should focus on finding support and resistance, as it is possible to find support and resistance points by analyzing the shape of the chart in order to create a trading strategy.
As mentioned above, all you need for chart analysis is the shape of the candlestick and the concept of the moving average line.
Therefore, if this concept is in place, all the indicators shown in this chart are unnecessary.
However, chart analysis can take a long time, and it is recommended to use indicators that are basically reliable even in order to reduce psychological agitation caused by whipsaw-like volatility.
Descriptions of the MS-Signal indicator have been published several times.
Therefore, after candlesticks and moving averages, the indicator that must be familiar to the eye is the MS-Signal indicator.
This is because I think there is no better indicator than the MS-Signal indicator to find out the trend of the chart.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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How to interpret charts from indicators (trading strategy)Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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Please understand that the 'Vol & Trend' and 'Strength' sub-indicators are a synthesis of existing indicators, and cannot be disclosed because they have been judged to be unsuitable for publishing as public scripts.
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It is not easy to see and interpret all the indicators displayed on the chart.
Therefore, it should be viewed and interpreted as the most critical interpretation method.
The first thing to look at is the position of the MS-Signal (M-Signal on the 1D chart), HA-Low, HA-High, M-Signal indicators on the 1W and 1M charts.
The most important of these is the location of the MS-Signal (M-Signal on the 1D chart) indicator and price.
The price is currently located below the MS-Signal indicator, indicating a downtrend.
To add one more thing to this, you can also check the relationship with the M-Signal indicator on the 1W and 1M charts.
Since the price is located below the M-Signal indicator on the 1W chart and 1M chart, it can be interpreted as a downtrend from a mid- to long-term perspective.
Therefore, you can see that the chart as a whole is starting to enter a downtrend.
In order to trade in this situation, you need to check the location of the HA-Low and HA-High indicators.
Currently, the HA-Low indicator is rising and is about to be created.
Therefore, if today's candlestick closes around now, we would expect the HA-Low indicator to form at 21552.44.
Therefore, it becomes important whether it can rise above 21552.44.
Since the M-Signal indicator on the 1W chart is passing around 21552.44, whether it can rise above 21552.44 has become an important question.
If the HA-Low indicator is created at 21552.44 and fails to rise above 21552.44, there is a possibility of renewing the previous low, so you need to think about countermeasures.
If support is received at the 21552.44 point, it is likely to touch the vicinity of the MS-signal (M-Signal on the 1D chart) indicator.
At this time, if you succeed in breaking through the MS-signal (M-Signal on the 1D chart) indicator, the possibility of rising to the vicinity of the HA-High indicator increases.
When the candle is formed today, the body of Heikin Ashi is showing a bullish sign.
Therefore, even if the price fails to rise, if the price remains above the Heikin Ashi body, it can be interpreted that there is a high probability of a rise around 21552.44.
At this time, you need to check whether it is supported or resisted at the point 21552.44.
As such, indicators on price charts represent trends and support and resistance roles, making it the most intuitive way to anticipate future movements.
To support this, 'Vol & Trend' and 'Strength' auxiliary indicators are utilized.
This auxiliary indicator strengthens the interpretation of the price chart indicators by providing additional evidence when the movements of the price chart indicators are judged ambiguous.
The 'Vol & Trend' sub-indicator is an indicator related to trading volume.
Therefore, you can check the buy strength and sell strength according to the movement of trading volume.
You can also check whether the volume is trending up or down.
The 'Strength' sub-indicator consists of the Stoch, StochRSI, RSI and CCI indicators.
The most important of these are the StochRSI indicator and the RSI indicator.
The RSI indicator is an indicator that is related to the HA-Low and HA-High indicators.
Therefore, it is not directly interpretable.
However, it is paired with the Stoch indicator and used as a basis for determining an upward trend or a downward trend.
It is currently looking to switch from a downtrend to an uptrend.
The StochRSI indicator is used to predict periods of volatility.
In addition, it is used as a basis for determining whether the trend will change to an uptrend or a downtrend in the future due to the change in the wave.
The current downtrend has turned to an uptrend, and it appears to be coming out of the oversold zone.
The CCI indicator is used as a basis for judging whether there is an upward trend or a downward trend.
However, it shows a trend that is more than short-term.
All of these indicators are scored as uptrend, stationary, and downtrend to make an overall judgment.
'Vol & Trend' indicator
Stationary : 1
Downtrend: 1
'Strength' indicator
Uptrend: 1
Matching: 2
Downtrend: 1
It is a situation where the basis for judgment of the sub-indicators is not needed, as all indicators that are near the current price chart are located below the price.
If it starts to show stationary or sideways movements near the price chart, then with the help of the indicators, you will be able to use it as a basis for judgment.
Someone said it's a chart with all the indicators, yes, that's right.
However, it is not always possible to see all indicators.
You only need to report it when necessary and use it as a basis for judgment.
We do not think of additional interpretation methods for each indicator other than the interpretation methods described above.
You should pay attention to this.
By combining support and resistance points here, you can create a trading strategy.
No matter how you analyze the chart, analysis ends its role with analysis.
To trade, you need to create a trading strategy based on chart analysis and correlation with support and resistance points so you can start trading.
However, when it comes to most chart analysis, there is a tendency to ignore trading strategies.
If you ignore your trading strategy, you will most likely not be able to find the right way to respond if the movement comes out in the opposite direction you thought.
Therefore, both chart analysis and trading strategy are important, but you need to do chart analysis to create a trading strategy.
If you forget about this and invest all your time and effort into chart analysis, you will end up with a higher chance of failing trades when you run out of time to craft your trading strategy right.
Therefore, chart analysis should be completed in the quickest way to give you plenty of time to create your trading strategy.
To do so, it is urgently necessary to make efforts to predict movements beyond the current one, rather than looking at the charts based on past movements and past patterns.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
---------------------------------
Why you should only think about charts when looking at chartsHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
When looking at the investment market, the first thing to do is to analyze the chart, and I wanted to say that the most important thing is how to create a trading strategy that suits your investment style with that chart.
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Most people try to predict the movement of the investment market by looking at the announcement of various economic indicators and the contents of global issues (war, corona, etc.).
A big issue must be something that can cause great volatility in the investment market, but it is also clear that when such an issue accumulates, it can no longer create volatility.
So, you should be careful that trying to predict the movement of the investment market with such issues can make a wrong prediction.
Sudden big issues For example, in the case of a global shock due to an issue such as the 9/11 terrorist attack, it may cause great volatility without time to respond.
Other than these issues, most of the chart's price movement will react first.
In order to see this pre-reflection in advance, you need to look at the chart without reflecting factors that can change your psychological state, such as the announcement of various economic indicators or global issues.
I don't think this kind of work is a big deal, but it is a very important factor that occupies a fairly important part of investing.
We need to think a lot about how to figure out the trend only with the movement of the chart, away from the announcement of various economic indicators and thoughts about global issues.
As it rises above the indicator called Low, which was created on June 19, 2022, we can see that it is splitting the flow of the chart in half.
A change in the -100 indicator has always completed a low.
Although it is currently showing a different look than before, it will form a low as long as the -100 indicator is created.
The +100 indicator is an indicator that starts generating when a high is formed.
Therefore, a rise above the +100 indicator means that the uptrend to break the high is likely.
Therefore, in order to show a full-fledged uptrend from the current price position, it must rise above 38K.
The high point has been holding for a long time now.
However, the low point has not yet formed a clear point due to the change of the -100 indicator.
However, as the -100 point is moved near the current price range, the possibility of forming a low is very high.
This shows that we are facing a new trend.
Keeping the price above 17941.69 is most important from a short-term perspective to create this new trend.
The next most important thing is to keep the price above 20552.75.
Then, it completes the appearance of a trough (a phenomenon in which the price drops more before making a bigger rise) before showing an uptrend.
The StochRSI indicator is showing a fairly rapid decline.
We will verify what we said above by looking at where the Stoch RSI indicator finds support and resistance when it turns upside down.
This change in support and resistance points can tell you which direction the movement of the current chart is about to head.
You may think my explanation is inconclusive, but the conclusion has already been drawn.
We live in a flood of information.
It is quite difficult to infer an objective conclusion by synthesizing such a large amount of information.
Therefore, it is necessary to objectify all information using objectified tools and indicators.
Many celebrities' chart analysis methods and trading methods are introduced on the Internet or in books.
In order to make the contents of these people my own, it can only be acquired through numerous transactions and numerous experiences.
Over time, trends change and all patterns change and evolve.
In order to read the chart in line with these changes, I think it is better to use a simpler and faster way to analyze.
This is because you can keep up with the ever-changing trends.
It is more important to make your own mental state stable due to volatility by investing more time in the trading strategy than the time used for analysis.
What do you guys think?
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at ().
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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