Get started

Tradingstrategy

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
Start of a full-scale uptrend: Expected to rise above 0.11087 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a good day today. ------------------------------------- (XLMUSDT.P 1M chart) A volume profile section has been formed across the 0.09250-0.09704 section. Accordingly, the point of observation is whether it can receive support near 0.09250-0.09704 and rise above 0.11753. - (1W chart) Since the M-Signal indicator of the 1W chart is passing around 0.09704, if the price is maintained above 0.09704, I think it is highly likely that it will attempt to break through the M-Signal indicator of the 1M chart upward. Accordingly, the key is whether it can rise to around 0.11087 and maintain the price. If it rises above the M-Signal indicator of the 1M chart and maintains the price, a full-scale uptrend is expected to begin. - (1D chart) If the price is maintained above 0.09704, it seems that the M-Signal of the 1D chart will change to > M-Signal of the 1W chart. Therefore, it seems likely to gain strength in the uptrend. However, as I mentioned earlier, since the M-Signal indicator on the 1M chart must rise above the level for the full-scale uptrend to begin, the key is whether the price can be maintained by rising above the M-Signal indicator on the 1M chart. Since it has broken through the upper part of the linear regression channel, we need to check whether it can be supported near 0.10333. If not, we need to check whether it can be supported near 0.09704. - Therefore, I think we can trade depending on whether it is supported near 0.10171-0.10333. (1h chart) Since it is expected to cross the 5EMA on the 1D chart soon, we need to check which support and resistance points it is located at and whether we can trade. - Have a nice time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real 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 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
Must reserve order at Stop Loss point when trading Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (USDT.D 1M chart) I think the conditions for an uptrend have been met as USDT dominance has fallen below 4.97. (BTC.D 1M chart) However, it seems that it still takes time for the altcoin uptrend to start. Well, many altcoins are rising now, but there are only a few altcoins that are showing a full-fledged uptrend, so they have recorded a lot of declines. I think that for the altcoin bull market to start, BTC dominance needs to fall below 55.01 and maintain or show a downward trend. If not, altcoins may gradually move sideways or show a strange bull market where only BTC rises, so caution is required. --------------------------------------------- (BTCUSDT 1D chart) When the ATH is renewed, the target point is 1st: 1.618 (76787.43) 2nd: 1.618 (89050.0) I think it is around the 1st and 2nd points above. If the price rises above 1.618 (76787.43) and maintains, there are several points that need to be passed to rise to the 1.618 (89050.0) point. Therefore, when there is a jolt in that area, you should focus on finding the right time to trade by considering whether you can make a split trade or a new entry, and referring to the method explained below. The point where the current upward trend is likely to turn into a downward trend is the 72344.74 point. If the BW(100) line is created this time, I will report the price at that time and tell you again. - Since the ATH has been renewed, it can be seen that it has become more difficult to trade newly. Well, you can think that a market has been formed where you can make a profit by buying and waiting, but it is also a market where it is not strange for it to fall at any time. When trading in this market, you must set a stop loss point. Otherwise, you may end up in a situation where everyone is making a profit but you are the only one suffering a loss. Therefore, let's take some time to talk about how to start trading and how to set a stop loss point. - Since the current ATH is being updated, the support and resistance points drawn on the 1M, 1W, and 1D charts are almost unnecessary. For most altcoins, you can select a trading point and respond by referring to the support and resistance points drawn on the 1M, 1W, and 1D charts. (1h chart) Therefore, to start trading, you can start trading on the time frame chart below the 1D chart, that is, the chart that you mainly look at and trade. Even so, as I always say, the basic chart for trading is the 1D chart, so you must check the trend or support and resistance points on the 1D chart before starting trading. The most important things to look at when starting trading are the 5EMA on the 1D chart and the M-Signal indicator on the 1M, 1W, and 1D charts. This is because there is a high possibility of volatility depending on whether these indicators are touched and the support and resistance points around them are supported. At the current price position, the support and resistance points drawn on the 1D chart are 75571.99 points. Therefore, you should prepare to trade based on whether there is support or not based on the 75571.99 point. Since it is in an upward trend on the 1D chart, it is better to focus on finding the time to buy (LONG). - Accordingly, if you have confirmed that it is supported near 75571.99 and are thinking of buying, you should think about where to set the first stop loss point. You can select the first and second points among the various support and resistance points drawn on the chart as the first stop loss point. If you do that, you can see that the profit and loss ratio is not right. Since the loss is this large, it is important to adjust the investment ratio when starting a trade. That is why you should be more careful when finding the time to buy. In other words, it should be considered that it is a more advantageous time to conduct a breakout trade. (For altcoins that do not update the ATH, it is recommended to conduct a transaction depending on whether there is support.) Therefore, it means that it is better to proceed with a purchase when the 75571.99 point is broken upward from the bottom and receives support and rises. If the purchase is successful in that way, when the price rises and touches the 3rd point, change the stop loss point by changing the stop loss point to the 1st point or the 75571.99 point and proceed with the transaction. If you do this, there may be cases where you are sold due to sudden volatility, but it is still recommended to conduct the transaction while setting the stop loss point. This is because in the past, in 1919 and 2021, when both cases turned downward, you should not fall into a situation where you cannot do anything because you bought it as it was. - If the support and resistance points drawn on the 1M, 1W, and 1D charts are located at a point where there are no support or resistance points at all, you should trade by looking at the movements of the indicators on the time frame chart you are currently viewing (in this case, the 1h chart). To do this, you should check the positions of the 5EMA on the 1D chart and the M-Signal indicators on the 1M, 1W, and 1D charts that I mentioned earlier. Since there are no 5EMA on the 1D chart and M-Signal indicators on the 1M, 1W, and 1D charts at the current price position, the next indicators to look at are the BW(100), HA-HIgh indicator and the BW(0), HA-Low indicator. Since the BW(100) and HA-High indicators were created, it means that a high point section has been formed, so you should think that there is a high possibility of a decline. Therefore, you should buy when it falls and then breaks through the BW(100), HA-High indicators upward to show support. Therefore, in order to conduct a SHORT transaction, you can start trading depending on whether the BW(100) and HA-High indicators are generated and whether there is support. - The fact that the BW(0) and HA-Low indicators are generated means that a low point range has been formed. Therefore, when the BW(0) and HA-Low indicators are generated, you should quickly decide whether you can start trading, thinking that there is a high possibility of an increase. At this time, it is good to check the movement of the StochRSI indicator as reference material. Although it sometimes moves in the opposite direction of the price movement, if it shows a pattern of escaping from the overbought or oversold range, it can be used as a good reference material. - 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 range 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
How I Rode the Gold Trend Using Multi-Timeframe AnalysisHey Traders! 📈 I want to share an analysis of a recent opportunity on Gold that came up, focusing on using multi-timeframe analysis to spot a reaccumulation pattern. Market Context: On the daily timeframe, Gold was showing a retracement. By zooming into the 1H timeframe, I identified what seemed like a reaccumulation (REACC) model—giving a potential entry point to go long in this trending market. The Entry Setup: On the 1H TF, after a retrace, the price continued the uptrend with strong structure, confirming a breakout. I entered long, aligning with the market trend and using a trailing stop to manage the position and capture potential further upside. Floating PnL: Right now, the trade is floating around 12RR and still trailing! This is a great example of how multi-timeframe analysis can help uncover high-probability setups. This educational breakdown is meant to help others see the power of combining market structure and risk management to stay in profitable trades. Hope this helps you spot similar setups in the future! 🚀 Leave a comment if you surfed with this trend too!
FOREXCOM:XAUUSDLong
by TraderOuss_LumaNex
What you need to start a new trade 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) For those who bought below 70148.34, it would be good to set the 72344.74 point as the stop loss point and respond. If the rise continues, 1st: Left Fibonacci ratio 1.618 (76787.43) 2nd: Left Fibonacci ratio 2 (80999.68) 3rd: Left 2.618 (87814.27) ~ Right 1.618 (89050.0) You can respond depending on whether there is support in the area above. ------------------------------------- In order to proceed with a new transaction, it is recommended to check the position of the StochRSI indicator when a new candle is created. This is because you can focus on finding a time to buy when the StochRSI indicator is below 50, but you should focus on finding a time to sell when it is above 50. Based on the current price increase, it is expected that it will not be easy to proceed with a purchase because the StochRSI indicator is expected to rise above 50. Accordingly, I think you should conduct the transaction from a short-term trading (day trading) perspective. The difference between day trading and short-term trading depends on the response method. In other words, day trading means conducting transactions within a period that does not exceed the day if possible. If you want to exceed the day, you must secure a certain amount of profit through partial sales, and you must set a reservation sale at the stop loss point. (1h chart) To conduct day trading, check the movement of the 1h chart. (You can use the time frame chart that you usually see and trade.) Since the BW(100) and HA-High indicators are created, it means that a high point has been formed, so when it is first created, the price is likely to fall from that point. Therefore, you can conduct a transaction when the price rises after falling and shows support. If it rises after falling and shows resistance in the BW(100) and HA-High indicators, you should judge that it is likely to fall. At this time, it is a good idea to check the movement of the StochRSI indicator. The BW(100) line has been created, and the StochRSI indicator is showing signs of turning from an overbought zone to a decline. Accordingly, even if the price rises, it can be interpreted that there is a high possibility that it will face resistance near BW(100) and fall. Although there is a possibility that it will occasionally lead to a sharp rise, I think it is better to interpret it in a direction with a higher probability and respond accordingly. Therefore, it is currently a time when it is burdensome to proceed with a purchase. - Since the reporting high (ATH) has been updated, support and resistance points can be displayed on the 1M, 1W, and 1D charts. Therefore, it is not easy to select a point to use as a reference point when trading. However, as I have mentioned before, you should select the 5EMA of the 1D chart and the M-Signal indicator of the 1D, 1W, 1M charts and the BW(0), BW(100), HA-Low, HA-High indicators as support and resistance points and decide the trading time based on whether there is support. As I mentioned earlier, you should respond based on where the StochRSI indicator of the 1D chart is located based on the 50 point, so you should select the position to start trading on the 1h chart accordingly. Since you start trading only with a buy in spot trading, you should think about it and trade accordingly. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a 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
Top Resistance Points in XAUUSDOur XAUUSD market analysis highlights a key sell level at 2750-2756, with an extreme sell zone around 2772-2776, where we expect significant selling pressure to develop. These levels are critical for those looking to capitalize on potential resistance in XAUUSD. On the buy side, our support area is set at 2702-2698 , suggesting a buy opportunity if the price revisits this range. However, given today's emphasis on the sell zones, these levels may see stronger market activity. Keep an eye out for any major USD news today, as it could impact these levels. If this analysis adds value to your trading strategy, a boost would be greatly appreciated—it’s always motivating to know my insights are valuable!
FOREXCOM:XAUUSDShort
by bluechipfx
Next Volatility Period: Around November 10 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) The first major volatility period ends around November 16. Accordingly, the key is whether it can rise after receiving support near 68393.48-70148.34 among the important support and resistance areas of 68393.48-71280.01. Therefore, when support is confirmed in the 68393.48-70148.34 area, it is the time to buy. - You can see that the decline is strong because the StochRSI indicator is currently in the oversold zone. However, we need to focus on finding the right time to buy depending on whether there is support at important support and resistance points. - If it rises above 70148.34, 1st: 71280.01 2nd: 72344.74 3rd: New ATH You can respond depending on whether there is support in the area above. If it falls below 68393.48, you need to check whether there is support in the area around 65920.71. - The next volatility period is around November 10 (November 9-11). It is recommended not to start trading during the volatility period. The reason is that the possibility of volatility is high, so the possibility of loss is higher than usual. Therefore, unless you are scalping or day trading, it is better to start trading by checking the movement at the end of the volatility period and referring to where it is. ------------------------------------------------ If you think about factors other than the chart and think about responses in advance and create a trading strategy, the risk is high. Therefore, it is important to create a trading strategy based on the movement of the chart without referring to issues or articles other than the chart before trading. If you come across issues or articles other than charts before making a trading strategy, you may make a wrong trading strategy due to your subjective thoughts. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a 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
KLAY -> KAIA New Start!!! Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- Since the chart was created not long ago, the role of support and resistance points may be weak, so please use it only as a reference. Changed from KLAY to KAIA. As it is a new start, the key is whether it can attract investors' attention. - (KAIAUSDT 1h chart) The point of interest is whether it can receive support in the 0.1143-0.1169 range and rise above 0.1232. If it is supported near 0.1232 and goes up, 1st: 0.1307 2nd: 0.1447 You should check whether it is supported near the 1st and 2nd above. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a 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
1
November Trading Competition Chart Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (SPX500USD 1D chart) In order to maintain the uptrend, it must rise above 5738.2 and be maintained. Since the StochRSI indicator is currently expected to create a double bottom, if the StochRSI indicator rises in the oversold zone, it is highly likely to create a large uptrend. Accordingly, I think the 5738.2 point is a very important support and resistance point. - (XAUUSD 1D chart) BW(100) indicator is created at 2748.960, and HA-High indicator is created at 2734.472. Accordingly, the point of observation is whether it can receive support and rise around 2734.472-2748.960. - The fact that BW(100), HA-High indicators are created means that a high point section has been formed. Therefore, if it receives resistance from BW(100), HA-High indicators and falls, you should basically think that the decline is likely to continue until it meets BW(0), HA-Low indicators and respond accordingly. Therefore, whether there is support around 2734.472-2748.960 is important. - Since the StochRSI indicator appears to have entered the oversold zone, we need to check where it is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA. - (XAGUSD 1D chart) The chart can be seen as already in the process of decline. However, since it is maintaining an upward channel, we need to keep in mind the possibility of creating a pull back pattern. Accordingly, the area around 3188144 is expected to be an important support and resistance zone. The HA-High indicator is created at the 32.99790 point, and the BW(100) indicator is created at the 34.86 point. Accordingly, there is a possibility that it will be restricted from breaking through the 3299790-34.86 zone upward. - (EURUSD 1D chart) I think the 1.08821 point is a very important section in the trend. I think it is likely to have difficulty turning into an upward trend until it rises above the M-Signal indicator on the 1W chart. Therefore, I think it would be advantageous to proceed with a trade after confirming support near 1.08821. - (WTICOUSD 1D chart) The oil chart is in a reverse arrangement. Accordingly, I think it would be advantageous to trade with a sell (SHORT) position. It is currently rising above 71.6167 and rising above the M-Signal indicator on the 1D chart. In order to maintain this rise, it needs to be maintained around 71.955. - HA-Low, HA-High indicators are indicators created to trade using the Heikin-Ashi chart. The fact that the HA-Low indicator was created means that a low point range has been formed. Therefore, if it is supported near HA-Low and rises, you should basically think of a response plan by thinking that it will continue to rise until it meets the HA-High indicator. The HA-Low or HA-HIgh indicators are designed to display box ranges differently from other indicators. Therefore, in order to escape the low point range formed by the HA-Low indicator, it must rise above the upper point of the HA-Low indicator box. Therefore, it can be said that it has escaped the low point range if it rises and is maintained above the Fibonacci ratio of 0.618 (72.606). - StochRSI indicator is not a universal indicator, but basically - When the StochRSI indicator is above the 50 point, you should focus on finding a time to sell, - When it is below the 50 point, you should focus on finding a time to buy. From that perspective, I think the current rise is more likely to be a rebound rather than a rise. - (BTCUSD 1D chart) The important support and resistance areas from the current price position are as follows: - 71288.90-72322.91 - 68343.64-69795.79 - 65910.71 The three areas above are important support and resistance areas. - As explained on the oil chart, since the StochRSI indicator is below the 50 point, you should focus on finding a time to buy. Therefore, if you are trading for the first time, you can trade depending on whether there is support near 68343.64. However, since the current trend is an upward trend, if you trade with a sell (SHORT) position, you need to respond quickly and briefly. - (ETHUSD 1D chart) ETH is currently moving sideways in the box section. Therefore, the trend is expected to be determined depending on which direction it deviates from the 2272.88-2707.12 section. Therefore, you should think about trading within the box section and create a response plan. Then, when it deviates from the box section, you should switch to a trading strategy to eat the trend. - Have a good time. Thank you. --------------------------------------------------
OANDA:SPX500USD
by readCrypto
Check support near 68393.48 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) The key is whether it can quickly rise to the 68393.48 area. The next important support and resistance point is the 65920.71 point. Therefore, if it continues to fall, we need to check support near 65920.71. This volatility period is until November 5th, and the next volatility period is around November 10th (November 9th-11th). - BW indicator is an indicator that comprehensively evaluates MACD, StochRSI, OBV, and ATR indicators. Currently, the BW indicator has touched the 50 point. Therefore, when the BW(50) point is created, you can conduct an aggressive transaction depending on whether there is support near it. - StochRSI indicator has completely entered the oversold zone. In addition, StochRSI EMA appears to have fallen below the 50 point zone. Accordingly, you need to check where the StochRSI indicator is located when it rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA. - In order to complete the pull back pattern, the uptrend must be maintained. Therefore, the uptrend of the linear regression channel must be maintained. To do so, you can see that the price must be maintained around 65920.71 or higher. - To summarize the above, in order to maintain and continue the uptrend, the price must be maintained above 68393.48. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture The real uptrend is expected to start after rising above 29K. The expected range to touch 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 to watch is whether it can rise to around 2555.69 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (ETHUSDT 1D chart) I told you that in order to get out of the current box range (2273.58-2706.15), the price should be maintained above 2419.83. However, it is currently touching around 2419.83 and rising. Accordingly, I think the upward momentum may be weak. Therefore, I think it is better to wait until we see support near 2555.69. Currently, the M-Signal indicator on the 1M chart has fallen below 2666.70 and is passing around 2555.69. Accordingly, I think it is not too late to buy after confirming that the price is maintained above the M-Signal indicator on the 1M chart. If it rises above the upper point of the box section, 2706.15, I think it is highly likely that it will show a sharp upward trend. Therefore, it is recommended to buy below 2706.15. Once the rise begins, it is expected to rise to around 3265.0-3321.30. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale upward trend will begin 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 (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