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Stochastic RSI (STOCH RSI)

It is showing signs of a downtrend. But... Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) This volatility period is expected to continue until November 20. As I mentioned yesterday, the point to watch is which direction it deviates from the 87.8K-93.5K range after the volatility period. Therefore, it is necessary to check which direction the price will be maintained for a longer period based on the area around 90586.92. - In order to maintain an upward trend, it is necessary to maintain the state of 5EMA > StErr Line. If not, and 5EMA < StErr Line is maintained, there is a high possibility of a downtrend. - Since the StochRSI indicator is located at the 50 point, it is necessary to check in which direction it moves at the 50 point. When the StochRSI indicator 1. falls in the overbought zone 2. is located near the 50 point zone 3. rises in the oversold zone When it shows the above movements, volatility is likely to occur. ------------------------------------------------- The display method has been changed so that you can see which zone OBV is located in by the color of the candle. 1: Above the top point of the box 2: Box midpoint ~ box top point 3: Box midpoint ~ box bottom point 4: Below the bottom point of the box You can check whether it is a rising candle or a falling candle by the borders or wicks of the candle. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
1
The key is whether it can be supported and rise near 137.39 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a good day today. ------------------------------------- (NVDA 1W chart) This is the stock with the highest trading volume among NAS100 stocks. It showed a downward trend near 1 (150.20), which was expected to be touched. Accordingly, the key is whether it can maintain the price by rising above 141.98. If not, it is possible that it will fall to around 123.54. - (1D chart) The key is whether it can receive support near 137.39 and rise above the MS-Signal (M-Signal on the 1D chart) indicator. Accordingly, it is expected to continue the upward trend if it rises above 0.886 (143.44). If not, if it falls below 137.39, it is likely to fall near the M-Signal indicator on the 1W chart. - Have a good time. Thank you. --------------------------------------------------
NASDAQ:NVDA
by readCrypto
The point of observation is whether it breaks out of 87.8K-93.5K Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day today. ------------------------------------- When a new candle is created on the 1W chart, I will update it again. - (BTCUSDT 1D chart) The StochRSI indicator is showing a downward trend in the overbought zone. Accordingly, the point of observation is whether it can receive support and rise around 2.618 (87814.27) ~ 1.618 (89050.0). If it falls below 2.618 (87814.27), the key is whether it can rise with support near the M-Signal indicator on the 1D chart. If it is confirmed that it is supported near 79.9K-80.9K, it is thought that a pullback pattern may be created, so you should pay close attention to the movement at this time. - However, if the StochRSI indicator falls near the 50 point, volatility may occur, so you should be careful about a rebound. This volatility period is expected to last until November 20, so caution is required when trading. In order to maintain this upward trend, 1st: 68393.48-71335.47 2nd: 57694.27-61099.25 It must rise with support near the 1st and 2nd above. Therefore, until then, I think you should focus on how to lower the average purchase price or how to increase the holding amount and develop a trading strategy. - (BTC.D 1M chart) I think that for the altcoin bull market to start, the BTC dominance must fall below 55.01 and remain there or show a downward trend. Otherwise, if the BTC dominance shows an upward trend, the altcoins are likely to gradually move sideways or show a downward trend because funds will be concentrated on BTC. (USDT.D 1M chart) If the USDT dominance falls below 4.97 and remains there or shows a downward trend, the coin market is likely to create a bull market. However, whether it is a bull market where all coins (tokens) are rising together or a bull market where only BTC is rising can be roughly determined by whether BTC dominance is falling or rising. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been rising since 2015 following a pattern. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, it is expected that prices below 44K-48K will not be seen in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to this. If the ATH is renewed, there are no support and resistance points, so the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as support and resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous to use it for trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Whether it can rise above 3265.0-3321.30 is the key Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) What we should be interested in is whether it can rise above 3265.0-3321.30. Also, since the StochRSI indicator seems to have touched the oversold zone, whether it can receive support near 3039.57 is also the key. - If it falls below 3039.57, 1st: 2895.47 2nd: 2666.70 We need to check if it can be supported near the 1st and 2nd above. - If it rises above 3265.0-3321.30, I think it is highly likely that the upward trend will continue to renew the ATH. However, it is expected that the first hurdle will be whether it can break through the 3438.16-3644.71 range. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems that it has been maintaining an upward trend following a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Starting point for jumping to around 11.336 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (NEARUSDT 1W chart) It is showing an upward trend by breaking through the M-Signal indicator on the 1W and 1M charts. Accordingly, it is highly likely that an upward trend will begin. However, since the BW(100) or HA-High indicator is formed around 7.001-7.246, it is expected that a full-scale upward trend will begin only when it rises above this range. The target range is around 11.336. I think that the range below 3.868 is a mid- to long-term investment area, and it is a price that may rise at any time. - (1D chart) To maintain an upward trend, 1st: 5.397 2nd: 4.639 It must be supported and rise near the 1st and 2nd above. If not, it must fall, so be careful as it may fall to around 3.868. Since it has risen above a significant section, unless there are special issues (e.g., BTC does not show a sharp decline), it is expected to continue the upward trend after confirming support. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been rising along a pattern since 2015. That is, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. How to view and respond to this is up to you. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
1
Volatility period expected to continue until November 20 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) The shape of the candle (Doji, Star) and StochRSI and StochRSI EMA are showing signs of crossing. Accordingly, the key is whether it can receive support and rise near 90375.20. If not, 1st: 87.8K-89K 2nd: 83.6K It is expected to fall to the 1st and 2nd areas above. This volatility period is expected to continue until November 20. - Have a nice time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been in an upward trend since 2015. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, I expect that we will not see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Point of observation : Whether it can rise above 3265.0-3321.30 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) The HA-High indicator is moving and showing signs of being created. Accordingly, we can see that a high point section is being formed. Therefore, whether there is support near the point where the HA-High indicator is created is an important key. Currently, the HA-High indicator is expected to be created at the 3039.57 point. - The 3265.0-3321.30 section is a section composed of the HA-High indicators of the 1W and 1M charts. The 3438.16 point is the BW(100) point of the 1M chart, and the 3644.71 point is the BW(100) point of the 1W chart. Therefore, it is expected that it will move to renew the ATH only if it rises above 3644.71. - Since BW(0) is formed at the 2895.47 point, if it falls below 2895.47, there is a possibility that it will turn into a downtrend, so caution is required when trading. -------------------------------------------- The creation of the BW(100) line means that the decline has begun. Therefore, the key is whether it can maintain the price by rising above the point where the BW(100) line was created. If not, there is a high possibility that the decline will begin. The BW(100) line, like the HA-High indicator, indicates the high point range. Therefore, if it falls below the HA-High indicator after the BW(100) line is created and shows resistance, it is highly likely that a full-scale downtrend will begin. This downtrend may stop when it touches the HA-Low indicator or the BW(0) line, which are paired indicators. Before that, it may touch important support and resistance points and rise, so you must draw support and resistance points on the 1M, 1W, and 1D charts. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Support range: 0.6903-0.7160 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ZETAUSDT 1W chart) The point to watch is whether the MS-Signal (M-Signal on the 1W chart) indicator can rise above and maintain the price. In other words, the key is whether it can receive support near 0.7160 and rise above 0.618 (0.8178). - (1D chart) The current volume profile range is formed at 2.0699. Therefore, from the current price position, it is expected that a full-fledged uptrend will begin only when it rises above 2.0699. In order to show such an uptrend, it is important to first find support near 0.7160 and then rise above 0.8390. If it fails to rise and falls below 0.6903, it is necessary to check whether it can find support near 0.5408. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems that it has been maintaining an uptrend following a pattern since 2015. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the upward trend is expected to continue until 2025. - (LOG chart) As you can see from the LOG chart, the upward trend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the upward trend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the upward wave. The Fibonacci ratio on the right is the Fibonacci ratio of the upward trend that started in 2019. Therefore, it is expected that this Fibonacci ratio will be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you to decide how to view and respond to this. When the ATH is updated, there are no support and resistance points, so the Fibonacci ratio can be used appropriately. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous when used as support and resistance. This is because the user must directly select the important selection points required to create Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous when used for trading strategies. 1st : 44234.54 2nd : 61383.23 3rd : 89126.41 101875.70-106275.10 (Overshooting) 4th : 134018.28 151166.97-157451.83 (Overshooting) 5th : 178910.15 -----------------
by readCrypto
Important sideways range: 4.556-6.008 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (TIAUSDT 1M chart) There is still little to know from a long-term perspective. - (1W chart) The MS-Signal (M-Signal on the 1W chart) indicator must rise above and maintain the price to likely turn into an uptrend. Therefore, the key is whether it can rise above 6.008. Currently, the BW(0) line is formed at 5.124, so if it shows support near this area, it is a time to buy. Accordingly, the important point is whether it can move sideways around the 4.556-6.008 area and then rise. - (1D chart) The box area of ​​the HA-Low indicator (4.166) is formed over the 3.883-4631 area. Accordingly, if it is supported near 4.566 and rises, it is highly likely to create an upward wave. However, since the box area of ​​the HA-High indicator (5.874) is formed over the 5.052-6443 area, in order to lead to an additional rise, the price must rise above the HA-High indicator and maintain it. Accordingly, we can see that the area around 6.008 is an important support and resistance area. ---------------------------------- This coin (token) has not yet formed a clear shape (trend). Accordingly, I think it is a good idea to buy when it rises above the M-Signal indicator on the 1W chart and shows a price maintenance pattern. In other words, for now, we can see that the time to buy is when it rises to around 6.008 and shows a price maintenance pattern. If you want to buy before that, I recommend checking whether it is supported when it falls below the section and breaks through upwards and then buy. 1st: 5.124 2nd: 4.556 - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture I used TradingView's INDEX chart to check the entire section of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015. In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market. Accordingly, the bull market is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, we can see that the increase is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we do not expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. That is, the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role. The reason is that the user must directly select the important selection points required to create the Fibonacci. Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 -----------------
by readCrypto
Whether it can be supported near 90375.2 is the key (Title) Whether it can be supported near 90375.2 is the key (Some of the big picture content has been modified) ------------------------------------------------------------------------ Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) BW(100) indicator (90375.2) has risen above. Accordingly, the 90375.2 point is likely to be an important support and resistance point. Therefore, the point to watch is whether it can be supported near 90375.2 and rise above 3.14 (93570.28). If not, we need to check if it is supported around 2.618 (87814.27) ~ 1.618 (89050.0). - If StochRSI < StochRSI EMA, it is likely to fall. Since StochRSI EMA has never touched 100 so far, the downward pressure will increase as it approaches 100. - This volatility period is until November 20. Therefore, we need to check in which direction it deviates from the 87.8K-93.5K range and maintains it after this volatility period. The target range is around 3.618 (98841.11). ---------------------------------------------------- I have talked about the big picture below several times. Since we touched the target range of 81K-95K that I mentioned earlier, I'm going to make some corrections to the explanation in the big picture. - I used TradingView's INDEX chart to check the entire range of BTC. (BTCUSD 12M chart) Looking at the big picture, it seems to have been following a pattern since 2015 and has been rising. In other words, it is a pattern that maintains a 3-year uptrend and faces a 1-year downtrend. Accordingly, the uptrend is expected to continue until 2025. - (LOG chart) Looking at the LOG chart, you can see that the uptrend is decreasing. Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective. Therefore, we expect to see prices below 44K-48K in the future. - The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015. In other words, it is the Fibonacci ratio of the first wave of the uptrend. The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019. Therefore, this Fibonacci ratio is expected to be used until 2026. - No matter what anyone says, the chart has already been created and is already moving. It is up to you how to view and respond to it. Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized. However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance. The reason is that the user must directly select the important selection points required to generate Fibonacci. Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies. 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Need to check if BW(100) line is created at 90375.2 point Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) BW(100) line is showing signs of being created at 90375.2 point. Accordingly, if BW(100) line is created at 90375.2 point, the key is whether it can rise above 90375.2. If it fails to rise, it is likely to lead to further decline. Accordingly, if it falls from the current section (87.8K-89K), 1st: StErr Line 2nd: M-Signal on the 1D chart Whether it touches the 1st and 2nd areas above and rises is the point of observation. Accordingly, if it receives support near 79.9K-80.9K and rises, it is expected to create a pull back pattern. If not, if it falls below 76.7K and shows resistance, it is likely to turn into a short-term downtrend. This short-term downtrend is expected to determine the trend again by touching the 68393.48-71335.47 area. - If the decline begins, it is likely to show a greater decline than expected. Therefore, what we need to watch closely is whether the StErr Line turns into a decline when it falls below the StErr Line. This is because if the price is maintained below the StErr Line, it is likely to show a decline. - The volatility period (around November 16-19) is approaching. Accordingly, it is time to think a lot about response strategies. When trading spot, you should consider whether you can reduce the investment ratio and buy more when it falls. When trading short (SHORT) in futures, you must keep the stop loss point. When trading long (LONG), check if you can use the same method as when trading spot, and if not, choose the time to liquidate. The reason you can maintain long (LONG) trading is because funds are flowing into the coin market. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale upward trend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
The point of interest is whether it can rise to around 98.9K Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) I think there is a shake to touch the target point of 3.618 (98841.11). This shake seems likely to change into a trend as it passes through the next volatility period, around November 16-19 (maximum November 15-20). - If it rises to around 3.618 (98841.1), it is expected that there will be a movement to determine the trend again. - If it falls below 2.618 (87814.27), 1st: StErr Line 2nd: M-Signal on 1D chart (approximately 79.9K-80.9K) It is expected to fall to the 1st and 2nd above. Based on the current price position, if it falls below 75571.99, it seems likely to turn into a downtrend. The 75571.99 point is the BW(50) point. ------------------------------------------ When the StochRSI indicator approaches or touches the 100 point, it is necessary to pay attention to how close the StochRSI EMA indicator is to the StochRSI indicator. The reason is that the StochRSI EMA has never touched the 100 point yet. This means that the StochRSI indicator will eventually fall below the StochRSI EMA. In other words, it also means that the decline has begun. You cannot tell how much the fluctuations will occur with the StochRSI indicator alone. However, you can tell the start and end of the trend. - In that sense, there is a high possibility that volatility will occur when the StErr Line is touched. Therefore, if the StochRSI < StochRSI EMA falls below the StErr Line and the StErr Line turns downward, you can see that the downward trend is likely in progress. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
For an altcoin bull market, BTC dominance must fall... Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) There was a shake up and down. This movement can continue until the next volatility period, around November 16-19 (up to November 15-20). What we need to look at is when the StErr Line or the M-Signal indicator on the 1D chart rises and touches. This phenomenon can be seen as occurring because the disparity is too large. In any case, the key is whether we can withstand this shake. - (BTC.D 1M chart) I think that in order for altcoins to rise, they need to show a concentration of funds toward altcoins. Therefore, I think that BTC dominance should fall below 55.01 and remain there or show a downward trend. Currently, BTC dominance is showing an upward trend in BTC's shaking. Otherwise, altcoins are likely to gradually move sideways or show a downward trend. - (USDT.D 1M chart) If USDT dominance remains below 4.97 or shows a downward trend, I think that the coin market is likely to show an upward trend (bull market). However, in order for altcoins to rise in line with the upward trend of BTC, as I mentioned earlier, BTC dominance must also show a downward trend. Otherwise, there is a possibility that a strange market will be formed where only BTC rises. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale upward trend will begin when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
The key is whether the price can be maintained above 0.6810 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (XRPUSDT 1W chart) The point to watch is whether it can break out of the box section and start an upward trend. - (1M chart) If the price is maintained above 0.6810, it is significant because it has succeeded in breaking through the upper point of the box of the HA-Low indicator on the 1M chart. In other words, it means that it has broken out of the bottom section from a long-term perspective. Therefore, the key is whether the price can be maintained above 0.6810. - (1D chart) It has risen above the Fibonacci ratio 0.5 (0.7144) that was the target point. Accordingly, if it receives support near 0.7384 and rises, it is expected to rise to around 0.618 (0.8121). As I mentioned earlier, if it falls below 0.6810, it is highly likely to enter the box section again in the long term, so you should consider it as a stop loss point and think about a response plan for it. - The maximum rise point is expected to be around 1.0409. -------------------------------------------------- It seems that there is an issue related to the ETF of XRP and SOL. If the ETF issue is over, there is a high possibility of price adjustment, so you should also think about a response plan for it. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Entered the important Fibonacci ratio point 2.618 - 1.618 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) It has risen by more than 10% for the first time in a long time. It has touched the target range of 2.618 (87814.27) ~ 1.618 (89050.0). Accordingly, it is expected to determine the trend again. If there is an additional sharp rise, it is possible to touch the area around 3.618 (98841.11). The next volatility period is around November 16 (November 15-17). - (1h chart) The creation of the BW(100) line means that a high point has been formed. Therefore, when the BW(100) line is created, it will mostly show a downward trend. However, since we do not know how much it will fall, we need to check the movement at the support and resistance points. In addition, when a real decline begins, it ignores all support and resistance points and falls, so in fact, the support and resistance points do not have much meaning. However, it can be used as a location to proceed with a split sell. - We have several indicators that can respond to the decline. BW(100), HA-High, StErr Line, MS-Signal (M-Signal on 1M, 1W, 1D charts), and 5EMA on 1D charts are included. The first to appear among these are BW(100) and StErr Line. The next to appear are HA-High and MS-Signal. Therefore, when it falls below a certain indicator, you can choose whether to sell in installments or buy more. - Since BTC has risen by more than 10%, it is highly likely that it will move sideways in the current section. At this time, the point to watch is whether the HA-High indicator rises and is created. When the HA-High indicator is created, it will be easier to respond because it creates a box section. However, since there is a process of shaking up and down to form a box section, caution is required at this time. This is because it is not possible to know whether a box section is formed or a decline is in progress. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Start of trading: When the candle is a bearish candle (Title) Start of trading: When the candle on the 1D chart is a bearish candle -------------------------------------------- Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (SOLUSDT 1M chart) The point to watch is whether the ATH can be renewed. - (1W chart) To do that, the key is whether the uptrend can be maintained above 202.45. If it falls below 202.45, you need to check whether it can be supported around 147.74-168.41. - (1D chart) It has not yet updated the ATH, but it is located in a section where there is no support or resistance point to respond to. Therefore, it is not easy to trade in this section. Therefore, when the candle of the 1D chart is a downward candle, you have no choice but to check the support on the 1h chart and trade. - (1h chart) The names of indicators that should be considered important on the time frame chart below the 1D chart are displayed. When the candle of the 1D chart is a downward candle, you can trade depending on whether there is support near BW(100) and BW(0) on the 1h chart (you can use the chart you usually see and trade). When trading spot, it is recommended to buy when the BW(100) and BW(0) indicators break upward, if possible. ----------------------------------------------- As the price rises, you start to feel anxious. If you feel like you are the only one making little profit and you start to feel like you have to buy now, it means that the coin market is approaching its peak. What do you think? When the spot market is rising, the number of transactions decreases. Otherwise, if the number of transactions is increasing, I think it is likely that you are in a state of FOMO. Therefore, you need to make an effort to find peace again. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. It is expected to touch 81K-95K in the next bull market. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
If it rises above 3438.16-3644.71, it is likely to renew the ATH Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (ETHUSDT 1W chart) The 3438.16-3644.71 section is an important support and resistance section. If it rises above this section and maintains the price, it is expected that there will be a movement to renew the ATH. - (1D chart) To do that, the key is whether it can rise with support near 3265.0-3321.30. Currently, since the HA-High indicator of the 1D chart is formed at the point of 3787.59, it is highly likely that a full-fledged uptrend will actually begin when it rises above the HA-High indicator of the 1D chart. Therefore, we can proceed with additional purchases when it shows support near the 1st and 2nd levels above. If it falls after receiving resistance near the 1st and 2nd levels, the 2895.47 point is expected to be an important turning point based on the current price position. ------------------------------------------- The longer the BW indicator rises to the 100 point and remains there, the more the pressure for a decline increases. In order to reduce this pressure, you must sell in installments. However, in a bull market like the current one, selling in installments is also difficult, so you should use a method of placing a reservation sell order at a point where it seems that it should not fall below this point. A sharp movement up and down is a signal that the bull market is ending. Since BTC has currently risen by more than 10%, it can be seen that there has been a sharp rise. Therefore, we must prepare for a sharp decline. When a sharp decline occurs, you should sell in installments to secure profits and buy more to maximize profits. These transactions are ultimately determined by how you place the reservation order. Since ETH has not yet updated its ATH, you can use the support and resistance points drawn on the 1M, 1W, and 1D charts. Therefore, you should set the importance of the support and resistance points and place a split trading reservation order accordingly to prepare for the decline. Currently, the important support area for ETH is 2895.47-2912.45. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will start after rising above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Important volume profile section: 0.5941 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (ADAUSDT.P 1M chart) Important volume profile section is formed in the 0.4346-0.5941 section. Accordingly, the key is whether it can receive support and rise near 0.5941. - (1W chart) Currently, the BW(100) point is formed at the 0.6818 point, so the point to watch is whether it can rise above 0.6818. To do this, we need to see if it can be supported near 0.5941 1st: 0.6206 2nd: 0.6818 and rise to the 1st and 2nd ranges above. Since the HA-HIgh indicator and the BW(100) indicator indicate the high point range, if it breaks through this indicator upward and receives support, it is highly likely to renew the high point. If it fails to rise, it may fall until it meets the HA-Low indicator or the BW(0) indicator, so we need to think about a countermeasure for this. - (1D chart) If it is supported near 0.6818 and rises, you should set the target point at around 0.9242 and think about a countermeasure for it. If it falls below 0.5941, you need to check if the BW(100) line is created. If the BW(100) line is created, it is likely to lead to an additional decline, so you need to think about a countermeasure for it. For now, if it falls below 0.5693, I think there could be a sharp decline, so you need to prepare a countermeasure for it. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin when it rises above 29K. The next expected range to touch is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points that are likely to receive resistance in the future. We need to check if these points can be broken upward. We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Next Volatility Period: Around November 16 (November 15-17) Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1W chart) The target range is around 2.618 (87814.27) on the left and 1.618 (89050.0) on the right. If it rises to this range, it is expected to determine the trend again. To do so, the key is whether it can break through the 1st and 2nd ranges upward. - StochRSI EMA has not touched the 100 point so far. Therefore, as the StochRSI EMA approaches the 100 point, the downward pressure becomes stronger, so caution is required when trading. - (1D chart) This volatility period is until November 11th. Therefore, the point of interest is whether it can receive support near 80K after passing this volatility period. - The BW indicator is currently maintained at the 100 point. This also means that the upward strength is strong. However, if the BW indicator shows a downward trend from the 100 point, BTC is likely to show a downward trend. Whether this downward trend will create a pull back pattern or the start of a downward trend can be predicted depending on whether there is support near 75571.99. I will tell you more details when it falls near 75571.99. ---------------------------------------------- Since the prices of most coins (tokens) have risen significantly, it is quite burdensome to buy them. Therefore, in order to trade, you have no choice but to use time frame charts below the 1D chart. However, you should draw support and resistance points on the 1M, 1W, and 1D charts and check the movement near those points. In fact, coins (tokens) that are renewing their ATH have no support and resistance points, making it very difficult to trade them. Therefore, for coins (tokens) that are renewing their ATH, you should purchase them in installments when the candles on the 1D chart are falling candles, lowering the average purchase price. Buying when the candles on the 1D chart are falling candles means that you should perform a breakout trade when the time frame chart below the 1D chart goes down and then rises. That is, the method is to buy when the price falls below the BW(100) point of 79844.01 and then rises above 79844.01 again. It is important to buy when the price starts to rise, but it is also important to buy when the price falls below the important support and resistance points and then rises again when the price has already risen. I hope this answers the question of why I am the only one who is recording a loss when everyone else is making a profit. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the full-scale uptrend will start when it rises above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Things to watch out for when buying altcoins Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTC.D 1M chart) If BTC dominance falls below 55.01 and remains or shows a downward trend, funds are expected to start moving toward altcoins. This movement of funds will eventually lead to an upward trend in altcoins. (USDT.D 1M chart) I think the coin market is on an upward trend because USDT dominance fell below 4.97. Therefore, the point to watch is whether USDT dominance is maintained below 4.97 or shows a downward trend. ------------------------------------------- (BTCUSDT 1D chart) If the flow of funds moves to altcoins, the movement of BTC and the movement of altcoins are likely to move differently. Therefore, unless BTC passes an important support and resistance point, the movement of BTC is likely to have a large impact on altcoins. Therefore, if BTC dominance falls below 55.01, I think it is better to trade altcoins than BTC. Since the rise in BTC price is likely to lead to the rise of altcoins, what we need to pay close attention to is the support and resistance points when BTC falls. Based on the current price position, the most important support and resistance point is 71280.01. Before that, since the 72344.74 point is important on the 1D chart, the 71280.01-72344.74 section can be seen as an important support and resistance section. - (1h chart) However, since there is a possibility of volatility when BTC touches the 5EMA of the 1D chart, the movement at this time may affect altcoins. Also, there is a possibility of volatility when touching the M-Signal indicator of the 1D, 1W, and 1M charts, so caution is required when trading. Currently, the 5EMA of the 1D chart is passing around 74K, so it is expected to touch the 5EMA of the 1D chart soon. ------------------------------------------- When coins (tokens) rise, most of them show a stepwise upward trend while touching HA-High or BW (100). Even if the stepwise upward trend continues, you need to be careful when it falls below the MS-Signal (M-Signal on 1D, 1W, 1M charts) indicator. The reason is that there is a possibility of a downward trend. Therefore, you should always think about how to respond when it falls below the MS-Signal indicator. - The basic chart for trading is the 1D chart. Therefore, you must check the movement of the 1D chart before starting a trade. Therefore, you can mark the support and resistance points on the 1M, 1W, and 1D charts and check the movement at those support and resistance points on your trading time frame chart. (1h chart) Let's take a 1h chart as an example. When the BW(100) line is created on the 1h chart, the price will fall. However, you can see how much it will fall, but usually the decline will stop when it touches the HA-High, 5EMA on the 1D chart, and MS-Signal (M-Signal on the 1D, 1W, 1M charts) indicators. At this time, since there is a high possibility that a trend will be formed due to the volatility that occurs, caution is required when this movement is seen. Therefore, you can trade by buying when the price falls and breaks through the indicators listed above. In most cases, buying when it breaks through the BW(100) upward is the last chance to ride the trend. - When it moves sideways near the HA-HIgh indicator, a box section is formed. When it breaks out of the box section formed in this way, it can be seen as the time when the trend is formed. Therefore, it is necessary to consider whether to trade within the box section of the HA-High indicator. - As long as the price of BTC does not fall below the important support and resistance points, you can make a profit by buying and waiting when the price of the altcoin falls. Therefore, it is recommended not to suffer by buying altcoins that have risen too much. Since altcoins that have risen too much can lead to a larger rise, it is recommended to buy when these altcoins make a downward candle on the 1D chart. However, when buying, do not forget to check whether there is support near the support and resistance points drawn on the 1M, 1W, and 1D charts. If you bought at a point where there is no support and resistance point drawn on the 1M, 1W, and 1D Tsuta, a short and quick response may be required. If you buy like this, you should think about whether to sell in installments when BW(100) is generated on the 1h chart (the time frame chart you mainly see and trade) and buy some more when it goes down and then goes up. - If BW(0) or HA-Low indicators are generated and show support, it is time to buy. You should also not forget this. Usually, when BW(0) is generated, it is likely that it is already in an upward state. Therefore, you need to think about how to buy when it goes up with a split transaction and place a buy order at the point where the BW(0) point is generated. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will start when it goes up by more than 29K. The section that is expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
The point of interest is whether it can escape the box section Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (USDT.D 1M chart) I think that in order for the coin market to start a bull market, it must fall below 4.97 and be maintained or show a downward trend. - (BTC.D 1M chart) At this time, in order for the altcoin bull market to start, I think that BTC dominance must fall below 55.01 and be maintained or show a downward trend. If BTC dominance rises, it means that funds are concentrated towards BTC, so most altcoins are likely to gradually move sideways or show a downward trend. ---------------------------------------- (ETHUSDT 1D chart) For that reason alone, the rise of ETH is significant. Since all coins (tokens) other than BTC can be classified as altcoins, the rise of ETH, which ranks second in market cap after BTC, can be considered the prelude to the altcoin bull market. Therefore, if it rises from the current box range (2273.58-2706.15), I think it is highly likely that the altcoin bull market will begin. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
Volatility Period: November 9-11 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (USDT 1D chart) It's showing a big gap uptrend after a long time. It seems that a lot of funds are flowing into the coin market. (USDC 1D chart) USDC is also showing a gap uptrend. -------------------------------------- (BTCUSDT 1D chart) It touched the left Fibonacci ratio 1.618 (76787.43) point. And, the BW indicator has risen to the 100 point. The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and ATR indicators. Accordingly, if the BW(100) line is generated when the BW indicator falls from 100, it is highly likely to lead to a decline, so caution is required when trading. If the decline begins, the key is whether it can be supported around 71280.01-72344.74. The 71280.01 point is the BW(100) point of the 1M chart, so if it shows resistance near 71280.01, it is likely to show a large decline. (For this discussion, please refer to the idea of ​​"Never HODL at the highest point even if the profit is small.") However, since the BW(100) point of the 1W chart is created at the 68393.48 point, if it falls below 68393.48, it is expected to lead to a sharp decline. - Since it is out of the upper part of the linear regression channel, it will soon enter the channel. At this time, you should check whether the BW(100) line is created and think about a countermeasure for it. Based on the above, I think it is a good idea to set the 72344.74 point as the stop loss point and re-select the start of trading based on the movement thereafter. - If it is supported and rises near the left Fibonacci ratio 1.618 (76787.43), the next target is near the right Fibonacci ratio 1.618 (89050.0). However, before that, there is a possibility of resistance in the 79902.66-80999.68 range and near 83646.12, so you should also consider countermeasures for this. - If you are thinking of making a new trade, I think it would be good to start by confirming that the price has entered the linear regression channel and is supported at the support and resistance points. If you want to trade right now, I recommend buying when the BW(100), HA-High indicators on the low time frame chart break upward and show support. If the BW(0), HA-Low indicators are generated, buy when they show support. The 5EMA on the 1D chart is passing around 74K. Therefore, high volatility is expected to occur when touching the 5EMA on the 1D chart. - Have a nice time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The area expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
Never HODL at the highest point even if the profit is small Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- I used TradingView's INDEX chart to see the overall flow of BTC. ----------------------------------------- Let's take a look at the section that showed a big movement. (1M chart) - 13888.32 - 57789.06 - 71320.68 The three points above are where the BW(100) line was created. The fact that the BW(100) line was created means that a high point section has been formed, so there is a high possibility of a decline. Therefore, based on the previous two experiences and looking at the current movement, we can see how important the 71320.68 point is as a support and resistance point. Therefore, we should sell when it falls below 71320.68 in order not to HODL in the high range. In the big picture, the stop loss point has been confirmed. - (1W chart) From the 1W chart, we can see that the 68376.06 point is an important stop loss point. Therefore, we should decide to sell depending on whether there is support in the 68376.06-71320.68 range. - If the BW(0) line is created after the price falls, then it is a strong buying period. Therefore, we should check whether there is support and see if we can buy. The reason is that after buying at the 37929.90 point, there is a possibility that it will fail to rise above the MS-Signal indicator and continue to decline. Therefore, you should not forget that you need to cut your loss when it falls below 37929.90 after buying. If you have a lot of cash left after distributing your investment weight well, you can buy more when the next BW(0) line is created to lower the average purchase price. However, since it is a 1W chart, such a transaction is not easy, so I think it is better to buy again after cutting your loss. - (1D chart) Since BW(0) and BW(100) lines are often created on the 1D chart, it is recommended to use the BW(0) and BW(100) lines created at the current price position for trading. As mentioned earlier or in the chart, you can see that the BW(100) and BW(0) lines appear after the arrows are created, and there is a decline and rise. Therefore, since the arrows are created near the current price, you can see that the BW(100) line is likely to be created soon. Therefore, if you are trying to make a new purchase now, I think it would be better to lower the investment ratio or not to make a transaction at all. In any case, when the BW(100) line is created, you have to stop the transaction in progress or sell some of it. - It is not much, but I think it can be a good reference for trading. If you look at the StErr Line, HA-High, HA-Low, BW(0), and BW(50) indicators together to make this judgment, I think it will be a great help in your trading strategy. Since these indicators can be used on all time frame charts, I think they can help you get an eye for selecting support and resistance points. If you use too many indicators, you can trade incorrectly. Therefore, you should think about how to use the indicators, which indicators to apply to which trading strategy, and think about how to use them accordingly. I hope that this time, you will trade without HODLing at the high point. - Have a good time. Thank you. --------------------------------------------------
INDEX:BTCUSD
by readCrypto
8