readCrypto

It is necessary to check the created time frame

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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** Analysis of the BTC chart publishes new ideas once a week.
** However, we publish new ideas when volatility occurs or when we show signs of diverging from our expectations.
** Excluding the above situation, BTC analysis is listed as a daily update.

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(BTCUSD chart)

(BTCUSDT chart)

(BTCUSDT.P chart)

(BTC1! chart)

(BTM1! Chart)

(BTCKRW chart)


The flow of the charts listed above is the same or similar.

However, the difference is the location of the M-Signal indicator on the 1M and 1W charts.

Part of it is that the M-Signal indicator on the 1M, 1W chart made a regular arrangement (1W > 1M).

I think that these forward and reverse alignments mean that the trend has begun to change.

Therefore, if it moves sideways or swings strongly up and down in the current price range, it is expected to gradually form a straight line on all charts.


Therefore, it may temporarily drop to around 23K (BTCKRW: around 29639000).

All we can do in this decline is decide when to buy.

The reason is that funds are continuously flowing into the coin market.


The next big volatility is expected around June 9-13.


When referring to the explanation of the analyzed chart, you should pay close attention to which time frame the analyst is explaining.

If you look at the analyzed chart without checking it, you should be careful because it may be recognized as a completely different text from the flow you think.

So, in my article, I have displayed 1M, 1W, 1D, and 1h charts, and the corresponding analysis is displayed.


For example, if you look at the analysis written on the 30m chart and mistake it for an analysis of more than 1 day and loose your response, it means that you are likely to lose money.

Therefore, analysis written on a time frame chart of 1D chart or lower requires a quick response, so you should keep looking at the chart.

Therefore, you must check the time frame in which the analysis was written, as you may mistake the article analyzed with the time frame chart below the 1D chart for the overall flow of the chart.

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

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

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

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[Example of exchange chart setup]

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

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