readCrypto

Increased likelihood of short-term surges occurring

UPBIT:BTCKRW   Bitcoin / South Korean Won
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(BTCKRW chart)
To check the upward momentum we look at volume.

However, in order to check the power of the market itself, you need to look at the size of the funds and how they are flowing.

In that sense, I think the movements of USDT and USDC charts provide us with important information.


The BTCKRW chart is slightly different from the BTCUSDT chart.

On the BTCUSDT chart, the StochRSI indicator is about to enter the overbought zone, and on the BTCKRW chart, it is located near the 50 point.

Therefore, if the selling pressure does not increase, it is expected to rise further.


(BTCUSDT 1D chart)
At this time, the important thing is whether the price is maintained around 27262.84 on the BTCUSDT chart.


Binance exchange is a large exchange where many transactions take place.

However, large selling or buying trends begin on small exchanges.

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- big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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