There is a possibility that a new channel will be created
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(BTCUSDT chart)
Looking at the 1W chart, the trend line (1) is about to be created.
Therefore, if this week's candlestick closes with a lower candlestick, the trend line (1) is expected to be formed.
When the trend line (1) is created, you create a new channel.
Therefore, it is necessary to check whether it is moving from the existing rising channel to the newly formed channel.
That's why it's becoming important to be able to get support around 29003.87, the point of the HA-High indicator on the 1W chart, which is about to be created this week.
From a mid- to long-term perspective, if it falls below 26574.53-27590.60, the vicinity of the 20862.47 point becomes a support section, so it is necessary to check whether it declines.
However, if the trend line (1) is created this time and there is a movement upwards above the trend line (1), it is expected to rise above 32259.90.
(1D chart)
When viewing the trend line (1) on a 1W chart on a 1D chart, the position is different.
Therefore, the key is whether it can be supported in the current section.
If it falls below 29762.38,
1st : 28465.36-29003.87
2nd : 26574.53-27496.02
You need to make sure that it is supported in the first and second sections above.
If it falls below 29762.38 this time and becomes resistance, it is expected that the HA-Low indicator on the 1D chart will rise and be created, so it is expected that the time to buy short will come.
Therefore, if it is supported in the section formed by the HA-High indicator of the 1W chart and the HA-Low indicator of the 1D chart, it is expected to fall under the buying season.
We believe that altcoins are currently in an exploratory period.
So, when BTC rises above 32K or falls below 29K, you need to find an altcoin you want to buy.
In order to buy altcoins from a mid- to long-term perspective, it is expected that approximately 3 rounds of purchases will be required.
Buying time
1st: BTC 29K or less
2nd: BTC 32K-43K (HA-High indicator on 1W chart)
3rd: 43K or higher (1W chart's HA-High indicator or higher)
I think you can proceed with the purchase through the 1st to 3rd steps above.
When trading from a short-term perspective, you can trade in each section.
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(BTCKRW chart)
Looking at the 1W chart, we can see that a new channel has been formed.
Therefore, the question is whether it can rise above the trend line (1).
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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.
---------------------------------
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(BTCUSDT chart)
Therefore, if this week's candlestick closes with a lower candlestick, the trend line (1) is expected to be formed.
When the trend line (1) is created, you create a new channel.
Therefore, it is necessary to check whether it is moving from the existing rising channel to the newly formed channel.
That's why it's becoming important to be able to get support around 29003.87, the point of the HA-High indicator on the 1W chart, which is about to be created this week.
From a mid- to long-term perspective, if it falls below 26574.53-27590.60, the vicinity of the 20862.47 point becomes a support section, so it is necessary to check whether it declines.
However, if the trend line (1) is created this time and there is a movement upwards above the trend line (1), it is expected to rise above 32259.90.
(1D chart)
When viewing the trend line (1) on a 1W chart on a 1D chart, the position is different.
Therefore, the key is whether it can be supported in the current section.
If it falls below 29762.38,
1st : 28465.36-29003.87
2nd : 26574.53-27496.02
You need to make sure that it is supported in the first and second sections above.
If it falls below 29762.38 this time and becomes resistance, it is expected that the HA-Low indicator on the 1D chart will rise and be created, so it is expected that the time to buy short will come.
Therefore, if it is supported in the section formed by the HA-High indicator of the 1W chart and the HA-Low indicator of the 1D chart, it is expected to fall under the buying season.
We believe that altcoins are currently in an exploratory period.
So, when BTC rises above 32K or falls below 29K, you need to find an altcoin you want to buy.
In order to buy altcoins from a mid- to long-term perspective, it is expected that approximately 3 rounds of purchases will be required.
Buying time
1st: BTC 29K or less
2nd: BTC 32K-43K (HA-High indicator on 1W chart)
3rd: 43K or higher (1W chart's HA-High indicator or higher)
I think you can proceed with the purchase through the 1st to 3rd steps above.
When trading from a short-term perspective, you can trade in each section.
------------------------------------------
(BTCKRW chart)
Therefore, the question is whether it can rise above the trend line (1).
------------------------------
- big picture
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.
---------------------------------
Comment:
(BTCUSDT chart)
(1W chart)
If the HA-High on the 1W chart is created at the 29003.87 point, it is likely to fall around 29003.87.
This move cannot be considered a reversal of a downtrend.
To revert to a downtrend, the price should see resistance below the 26574.53-27590.60 zone.
(1D chart)
If it falls below the 29762.38-30495.92 section, which is the HA-High indicator section of the 1D chart, and shows resistance, it is likely to fall to around 29003.87 as I said in the explanation of the 1W chart.
Since a volume profile is formed across the 28465.36-28923.63 section, it is necessary to check whether it is supported around 28465.36-29003.87.
therefore,
1. Need to check if it is supported in the 29762.38-30495.92 section
2. If it falls below 29762.38, it is necessary to check whether the HA-Low indicator on the 1D chart is newly created and supported around 29003.87.
If you understand the chart analysis methods described below, you will see that the current movement is a movement to increase new buying.
Therefore, it can be seen that the current trading strategy is in the split selling period.
It may be difficult to understand because the words are too long,
1. From a short-term perspective, the possibility of a rebound is increasing.
2. From a mid- to long-term perspective, it can be interpreted that the possibility of a downtrend is increasing.
However, it cannot be said that the downtrend has begun.
The movement to rebound has begun, but it has not yet risen above the MS-Signal indicator on the 1D chart, so it is expressed as highly likely to rebound.
(1W chart)
This move cannot be considered a reversal of a downtrend.
To revert to a downtrend, the price should see resistance below the 26574.53-27590.60 zone.
(1D chart)
Since a volume profile is formed across the 28465.36-28923.63 section, it is necessary to check whether it is supported around 28465.36-29003.87.
therefore,
1. Need to check if it is supported in the 29762.38-30495.92 section
2. If it falls below 29762.38, it is necessary to check whether the HA-Low indicator on the 1D chart is newly created and supported around 29003.87.
If you understand the chart analysis methods described below, you will see that the current movement is a movement to increase new buying.
Therefore, it can be seen that the current trading strategy is in the split selling period.
It may be difficult to understand because the words are too long,
1. From a short-term perspective, the possibility of a rebound is increasing.
2. From a mid- to long-term perspective, it can be interpreted that the possibility of a downtrend is increasing.
However, it cannot be said that the downtrend has begun.
The movement to rebound has begun, but it has not yet risen above the MS-Signal indicator on the 1D chart, so it is expressed as highly likely to rebound.
[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/
You should be careful as these contents may adversely affect your trading strategy.
For example,
BTC can have a huge impact on the coin market as a whole.
Therefore, even if you see that you have transferred BTC to an exchange, there is no guarantee that you will liquidate your funds by selling BTC.
Since most altcoins can be purchased with BTC, a market has been formed, so it is forbidden to predict how it will be used in advance.
If you come across a transfer of coins, you should check the BTC market charts.
For example, if you heard about a mass transfer of LTC coins to exchanges, you should check out the LTCBTC 1W chart.
(LTCBTC 1W chart)
It can be seen that it is still in a downward trend.
Therefore, price fluctuations in LTC cannot be predicted.
You do not need to refer to the LTCBTC chart for day trading or short-term trading.
Because it is a transaction that requires a quick response.