29003.87 The key is whether you can get support around
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(BTCUSDT chart)
(1W chart)
The key is whether it can rise with support around 29003.87, the HA-High indicator point on the 1W chart.
If not, you should check if it has support around 26574.53-27590.60.
The next period of volatility is around the week of August 7th.
Therefore, it is included in the two-week volatility period starting from this week.
(1D chart)
The HA-Low indicator on the 1D chart was created at the 29408.74 point.
So, the question is whether it can rise above 29408.74.
If it fails to rise above 29408.74, it is likely to break the previous low.
At this time, it is important whether it is supported in the 28465.36-28923.63 section.
In the 27496.02-28465.36 section, the M-Signal indicator on the 1W, 1M chart and the 150 EMA are passing.
Therefore, if the price is maintained above 27496.02, it is expected to maintain an uptrend in the medium to long term.
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In this chart, the important indicator from a trend perspective is the MS-Signal indicator.
If the price is above the MS-Signal indicator, it maintains an uptrend.
If not, it maintains a downtrend.
So, since it is currently below the MS-Signal indicator, we can see that the trend has turned to the downside.
From a trading perspective, support on the HA-Low indicator would be a buy time.
Since the current HA-Low indicator has been created at 29408.74, you can buy if you see support around 29408.74.
If this is the case, the primary selling point is around the HA-High indicator on the 1D chart.
Therefore, according to the current chart shape, the first selling section corresponds to the 29762.38-30495.92 section.
It is difficult to actually buy because the buying and selling sections are close.
Therefore, the point where you can buy is when the HA-High indicator on the 1D chart shows support, that is, when it is supported and rises in the 29762.38-30495.92 section.
You have to think about how to combine the trend view and the trading view to create a trading strategy.
To do so, it is always necessary to practice thinking in combination with only the core interpretation method.
All you need for this is support and resistance points or zones.
The display of support and resistance points or sections can be displayed in the order of 1M, 1W, and 1D charts.
If you do not mark such support and resistance points in advance, you need to be careful because there is a high possibility that you will see the chart due to psychological factors caused by price volatility.
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(BTCKRW chart)
The key is whether it can be supported around 37821000-38417000, the HA-High indicator section of the 1W chart, and rise above 38738000.
If not, you should check if it has support around 35539000-36802000.
The next volatility period is around August 9-11.
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- big picture
A full-fledged uptrend is expected to start when it rises above 29K.
This is the 81K-95K range that we expect to touch in the next bull market.
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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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSDT chart)
(1W chart)
If not, you should check if it has support around 26574.53-27590.60.
The next period of volatility is around the week of August 7th.
Therefore, it is included in the two-week volatility period starting from this week.
(1D chart)
So, the question is whether it can rise above 29408.74.
If it fails to rise above 29408.74, it is likely to break the previous low.
At this time, it is important whether it is supported in the 28465.36-28923.63 section.
In the 27496.02-28465.36 section, the M-Signal indicator on the 1W, 1M chart and the 150 EMA are passing.
Therefore, if the price is maintained above 27496.02, it is expected to maintain an uptrend in the medium to long term.
-------------------------------------------------- -
In this chart, the important indicator from a trend perspective is the MS-Signal indicator.
If the price is above the MS-Signal indicator, it maintains an uptrend.
If not, it maintains a downtrend.
So, since it is currently below the MS-Signal indicator, we can see that the trend has turned to the downside.
From a trading perspective, support on the HA-Low indicator would be a buy time.
Since the current HA-Low indicator has been created at 29408.74, you can buy if you see support around 29408.74.
If this is the case, the primary selling point is around the HA-High indicator on the 1D chart.
Therefore, according to the current chart shape, the first selling section corresponds to the 29762.38-30495.92 section.
It is difficult to actually buy because the buying and selling sections are close.
Therefore, the point where you can buy is when the HA-High indicator on the 1D chart shows support, that is, when it is supported and rises in the 29762.38-30495.92 section.
You have to think about how to combine the trend view and the trading view to create a trading strategy.
To do so, it is always necessary to practice thinking in combination with only the core interpretation method.
All you need for this is support and resistance points or zones.
If you do not mark such support and resistance points in advance, you need to be careful because there is a high possibility that you will see the chart due to psychological factors caused by price volatility.
------------------------------------------
(BTCKRW chart)
If not, you should check if it has support around 35539000-36802000.
The next volatility period is around August 9-11.
------------------------------
- big picture
This is the 81K-95K range that 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.
---------------------------------
Comment:
(DXY chart)
DXY is looking to rise above the 102.034 point during the volatility period.
Therefore, we need to see if we can find resistance around 102.034 and drop by August 2nd.
This is because the investment market is expected to activate when DXY moves sideways below 102.034.
The 102.034-105.873 section is a volatility section, and I think it is difficult to know what kind of movement it will give to the investment market.
A reading above 105.873 is expected to increase the likelihood that the investment market will enter a recession.
Therefore, we need to see if we can find resistance around 102.034 and drop by August 2nd.
This is because the investment market is expected to activate when DXY moves sideways below 102.034.
The 102.034-105.873 section is a volatility section, and I think it is difficult to know what kind of movement it will give to the investment market.
A reading above 105.873 is expected to increase the likelihood that the investment market will enter a recession.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(USDT chart)
(USDC chart)
(BTC.D chart)
(USDT.D chart)
The above charts are charts related to funds such as the size of funds in the investment market and the flow of funds.
Looking at these charts, the first period of volatility in the month of August is expected to begin.
(BTCUSDT chart)
The volatility period on the 1D chart is around August 21st, but the volatility period on the 1W chart falls around the second week of August.
Therefore, when volatility occurs, special attention is required as it can show great volatility.
The section that should be supported during this period of volatility is the 28465.36-29003.87 section.
If it loses support in the 28465.36-29003.87 section and declines, I would expect a decline near the 26574.53-27590.60 area.
Therefore, from a short-term perspective, whether it can rise above the HA-Low indicator on the 1D chart is an important question.
(BTCKRW chart)
A further drop from the current price is expected for the HA-Low indicator on the 1D chart to rise to the 37985000 point.
Therefore, depending on whether it finds support or resistance in the 37821000-38417000 area, a change in trend is likely.
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When a new HA-Low or HA-High indicator is created, it matters whether it is created above or below the price.
If the HA-Low indicator forms above the current price when it is created, it is likely to act as a resistance point and thus lead to further declines.
That doesn't necessarily mean it's going to go down, but it's likely going to go up, so you need to think about how to respond.