readCrypto

Around June 12-18 is a period of volatility

BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT chart)

During the volatility period around June 12-18, the HA-Low indicator on the 1D chart fell again and was created.

As a result, the HA-Low indicator is showing a 3-step cascade decline.

During this volatility period, it is necessary to check if it rises above 26295.58 and can be supported by the HA-Low indicator on the 1D chart.

If not, you should think about how to respond to it, as it will most likely break the previous latest low again.

thus,
1st: 23141.57-24113.48
2nd: 21023.14-21853.06
You need to make sure that it is supported in the vicinity of the 1st and 2nd above.


As we have said before, movement is coming.

Therefore, the current decline can be seen as the second wave of the uptrend from a long-term perspective.

So, with the current decline, all we have to do is find a time to buy.

If you do not forget this, I think you will be able to select a good buying time.

However, you should mainly purchase BTC or ETH.

Otherwise, if you buy mainly altcoins, there is a high possibility of risky results as explained in the Market Cap chart description.

For more information, please refer to the Market Cap chart description.

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(BTCKRW chart)
It is declining after finding resistance around 34820000.

Therefore, it is necessary to confirm that it is supported around 31024000-32042000.

However, since it may rise above 34820000 during the volatility period until around June 16th, you should also think about countermeasures against this.

In order to turn into an uptrend, it needs to be supported by a rise above at least 35539000.

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- 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.

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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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