BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Hello?
Traders, welcome.

If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.

-------------------------------------

(BTCUSDT.P chart)

1. 1M chart
- It depends on whether it can rise above 28454.9 to break out of the downtrend channel.

- If it continues to decline, check if there is support around 23129.6

- If the HA-Low indicator rises and is created during a fall, the key is whether or not it is supported in that area.

(If it is supported, it is a buying time from a long-term perspective)


2. 1W chart
- In order to turn into an upward wave or continue the upward trend, it is important whether it is supported by rising above the HA-High indicator of the 1W chart or above 27576.0.

- If it falls below the MS-Signal indicator and receives resistance, it is expected to fall to around 20853.8

However, if the HA-Low indicator of the 1W chart rises and is created, the key is whether or not it is supported around that area.

(If supported, it is a buying period from a mid- to long-term perspective)


3. 1D chart
- Currently on sideways in section 25882.9-30181.8.

So, if there is resistance below 25882.9, I would expect a decline around 23129.6.

At this time, the first support section is around 24294.1.


The important thing here is when the price goes down and then goes up.

If the price falls below 25882.9 and continues to decline, then rises at any point or section, it is highly likely that a trend reversal will occur when it rises above 27486.4.

If not, it is highly likely to fall again, so a countermeasure is needed.

In other words, you need to trade with a short-term perspective.


If so, when is the right time to buy in earnest?

The time to buy in earnest is when the HA-High indicator on the 1M chart shows a decline and is about to be created, and shows support around it.

The timing of the purchase above is a long-term view, that is, when you can proceed when holding for more than one year.

Therefore, it is necessary to adjust the proportion of investments.

Since you will hold it for more than one year, if you buy it with a high proportion thinking that you will get a bigger profit if you buy it at the lowest price, you are more likely to sell it without holding it for long.

Therefore, it is most important to maintain an appropriate investment exposure to hold for a long period of time.


I think it is possible to buy from a mid- to long-term perspective or from a short-term perspective when it shows support around 30181.8 from the current price position.

However, if it shows support around 27486.4, aggressive buying is possible.

This aggressive buying corresponds to the first selling section when it rises to the vicinity of the HA-High indicator on the 1D chart.

Therefore, from a mid- to long-term perspective, it is an aggressive buying zone (around 27486.4) and a full-fledged buying zone (near the HA-High indicator on the 1D chart).

Currently, the HA-High indicator of the 1D chart is formed at point 30181.8, so if it is supported around this point, full-fledged buying is possible from a mid- to long-term and short-term perspective.

If you made a full-fledged purchase like this, the first selling section is around 32275.6-34118.1.


No matter what anyone says, you must create a trading strategy according to your own investment style, that is, the investment period, and trade with confidence in that trading strategy.

Otherwise, if you change your trading strategy from time to time due to current price fluctuations or what people around you say, you are likely to end up with little or no loss.

------------------------------------------

(BTCKRW chart)
The 24820000-39579000 section is an important support and resistance section and is likely to be a sideways section.

Therefore, it is necessary to check in which direction it is deviating from this section.

A decline below 34820000 shows resistance, I would expect a decline around 29639000.
(However, the first support section: 31024000-32042000)

------------------------------

- big picture
A full-fledged uptrend is expected to start when it rises above 29K.

81K-95K is the range we expect to touch in the next bull market.

-------------------------------------------------- -------------------------------------------

** 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.

---------------------------------

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.