Get started

On Balance Volume (OBV)

Volatility Period: Around September 7th (September 6th-10th) Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (ETHUSDT 1D Chart) This volatility period is around September 7th (September 6th-10th). After this period of volatility, the key question is whether the price can find support and rise above the 4403.87-4749.30 level. - To continue the cascading upward trend, the price must rise above 4749.30. Therefore, we need to monitor whether the price maintains above the 4749.30-4868.0 level. - If resistance is encountered at 4403.87 and the price declines, it is likely to decline until it meets the HA-Low indicator. Therefore, we need to check for support around 4302.41-4403.87. However, there is a possibility of a rise after touching the previous all-time high (ATH) range of 3900.73-4107.80, so we need to consider a response plan. If the price falls below 4107.80, it is expected to touch the M-Signal indicator on the 1W chart and resume the trend. ------------------------------- The On-By-Signal (OBV) indicator is falling below the Low Line. The TC (Trend Check) indicator is below 0. The K value of the StochRSI indicator is showing signs of rising from the oversold zone. If the High Line of the OBV indicator falls and forms a downward channel, it is highly likely that selling pressure will continue to dominate, so caution is advised when trading. Therefore, the key issue this time is whether support is found around 4302.41-4403.87. The TC (Trend Check) indicator is a comprehensive evaluation of the StochRSI, On-By-Signal (OBV), and PVT-MACD Oscillator indicators. Therefore, if the TC indicator is below 0, selling pressure is dominant, and the price is likely to decline. If the K value of the StochRSI indicator continues to rise, the price is likely to rise after this period of volatility. However, for the uptrend to continue, the OBV and TC indicators must show upward trends. - Thank you for reading to the end. We wish you successful trading. -------------------------------------------------- - ​​Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I'll explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
1
Check for support near 111696.21 Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (BTCUSDT 1D chart) The TC (Trend Check) indicator appears to have risen above the 0 level. Accordingly, the key question is whether support can be found around 111696.21. For the uptrend to continue, the OBV indicator must rise above the High Line and remain so. - The volatility period in September is expected to occur around September 9th, September 19th, and September 28th. - Thank you for reading. I wish you successful trading. -------------------------------------------------- - ​​This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
Check if it can rise above 347.21 Hello, traders! Follow us to get the latest updates quickly. Have a great day! ------------------------------------- (TSLA 1D chart) The key is to determine which direction the price breaks out of the two support and resistance areas of 268.07-311.48 and 347.21-382.40. For a step-up trend to occur, the price must remain above 334.09-347.21. However, a step-up trend is highly likely only if the price rises above the support and resistance levels of 382.40 and 421.06 on the 1W and 1M charts. Even so, a larger increase is likely if the price rises above the 334.09-347.21 range on the 1D chart. - The 268.07-311.48 range also falls within the HA-High indicator. Therefore, it's important to remember that the current position is not a buy position, but rather a sell position. However, for new buys, it's best to initiate them when support is found near the M-Signal indicator on the 1M chart, if possible. Therefore, when the 268.07-311.48 range acts as a support zone, it can be considered a buying opportunity. However, since it's within the HA-High indicator zone, trades should be executed with short and quick responses. The key volatility period is around October 7th, but before that, we should check the movements around September 5th and September 12th. At this time, the trend is likely to be determined by which direction the price moves: the 268.07-311.48 range or the 347.21-382.40 range. - Thank you for reading to the end. I wish you successful trading. --------------------------------------------------
NASDAQ:TSLA
by readCrypto
Checking for support near 171.26 Hello, traders! Follow me to get the latest information quickly. Have a great day! ------------------------------------- (NVDA 1M chart) The basic trading strategy is to buy in the DOM(-60) ~ HA-Low range and sell in the HA-High ~ DOM(60) range. However, if the price rises from the HA-High to DOM(60) range, a step-like uptrend is likely, while if it falls from the DOM(-60) to HA-Low range, a step-like downtrend is likely. Therefore, the basic trading strategy should be a segmented trading strategy. - Looking at the current 1M chart, the HA-High to DOM(60) range is 121.80-138.23. Therefore, if the price holds above 121.80-138.23, the step-like uptrend is likely to continue. The left Fibonacci ratio was drawn in the first wave, and the key is whether the price can rise above 3.618 (181.85) and hold. The right Fibonacci ratio was drawn in the second wave, and the key is whether the price can rise above 1 (198.88). Therefore, the key question is whether the price can break above the 181.85-198.88 range. If the price fails to rise, 1st: 152.89 2nd: 121.80-138.23 We need to check for support near the 1st and 2nd levels above. - (1D chart) The HA-High ~ DOM(60) range on the 1D chart is 180.76-182.70. Therefore, for a stepwise uptrend to begin, the price must rise above 180.76-182.70 and maintain its position. The 171.26 level is the HA-High indicator level on the 1W chart. Therefore, the key question is whether support is found near 171.26. If it falls below 171.26, it is likely to decline until it meets the M-Signal indicator on the 1W chart. At this point, the key is whether it can find support near 152.89, the Fibonacci 3 level (157.76) to the left. If it falls below the M-Signal indicator on the 1W chart, there is a possibility of a downtrend, so you should consider a response plan. ------------------------------------------------ If this is your first time hearing this explanation, you may not understand what I'm talking about. The important thing is that the DOM(-60) and HA-Low indicators indicate lows, while the DOM(60) and HA-High indicators indicate highs. Therefore, buys should be made near the DOM(-60) and HA-Low indicators, and sells should be made near the DOM(60) and HA-High indicators. To interpret charts from a long-term perspective, you need to check the positions of the DOM(-60), HA-Low, HA-High, and DOM(60) indicators on the 1M chart. The 1W chart is interpreted from a medium- to long-term perspective, while the 1D chart is interpreted from a short-term perspective. In the stock market, price fluctuations are often driven by issues other than the chart itself, so it's important to always be aware of volatility. Even so, since volatility ultimately occurs after the chart is created, it's best to analyze the chart first and then examine other issues. Otherwise, you'll likely end up creating a trading strategy that heavily reflects your own subjective opinions. - Thank you for reading to the end. I wish you successful trading. --------------------------------------------------
NASDAQ:NVDA
by readCrypto
1
The key is whether the price can rise above 240.55 and hold Hello, fellow traders! Follow me to get the latest information quickly. Have a great day. ------------------------------------- (AAPL 1D chart) The basic trading strategy is to buy in the DOM(-60) ~ HA-Low range and sell in the HA-High ~ DOM(60) range. However, if the price rises from the HA-High to DOM(60) range, a step-like uptrend is likely, while if it falls from the DOM(-60) to HA-Low range, a step-like downtrend is likely. Therefore, the basic trading strategy should be a segmented trading strategy. - The HA-High to DOM(60) range on the current 1D chart is 229.27-232.78. Therefore, if the price remains above the 229.27-232.78 range, a step-like uptrend is highly likely. However, looking at the chart overall, the 226.67-240.55 range corresponds to the HA-High indicator. Therefore, it is necessary to check for support within the 226.67-240.55 range. If it rises above 240.55, it is expected to attempt to rise to the 250.42-260.10 range. The 250.42 and 255.59 levels correspond to the DOM(60) indicator on the 1M chart and the DOM(60) indicator on the 1W chart, respectively. Therefore, to sustain the mid- to long-term uptrend, the price must rise above 250.42-255.59 and maintain its position. - Based on the basic trading strategy mentioned earlier, this is currently within the range for a partial sell-off. Buying in this range requires a short and quick response, so be cautious. Buying is possible when the 226.67-240.55 range shows support. If it falls below 226.67, cut your losses and wait to see how the situation develops. If the price falls below the M-Signal indicator on the 1M chart and remains there, there's a possibility of a medium- to long-term downtrend, so a countermeasure is needed. - The HA-Low indicator on the 1D chart is currently at 192.31. This point is located within the previous all-time high (ATH) range of 182.94-199.62, making the 182.94-199.62 range an important support area. - (1M chart) The area highlighted by the circle represents an important area. - Thank you for reading to the end. I wish you successful trading. --------------------------------------------------
NASDAQ:AAPL
by readCrypto
Volatility Period: Around August 28 (August 27-29) Hello, fellow traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (ETHUSDT 1D chart) It's rising, with support near 4372.72. However, since the TC (Trend Check) indicator is at 0, it's unclear where the price will bounce. Therefore, we need to determine whether support is found around 4630.26 or whether the price falls below 4472.33. This period of volatility is expected to last from August 27th to 29th. - To initiate a cascading upward trend, support must be found around 4749.30. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - ​​This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
2
The key is whether it can rise above 237.60 Hello, fellow traders! Follow us to get the latest information quickly. Have a great day. ------------------------------------- (SOLUSDT 1M Chart) To understand the strangely drawn trendline, you need to refer to the StochRSI indicator. This is because the StochRSI indicator was used to draw the trendline. When the K indicator of the StochRSI forms a peak in the overbought zone, a trend line is drawn by connecting those peaks. When the K indicator forms a peak in the oversold zone, a trend line is drawn by connecting those peaks. When drawn this way, the trend line drawn in the overbought zone becomes the high trend line, and the trend line drawn in the oversold zone becomes the low trend line. However, due to the long timeframe of the 1M chart, the high and low trend lines are not separated and are instead displayed as a single line. Of the three trend lines, we need to determine whether the upward trend can continue along trend line (1). The DOM (60) indicator is forming at 237.60, so the key question is whether it can break above this level. Illegible areas are marked with circles. - (1W Chart) Looking at the explanation of the big picture below, a major bear market is expected to begin in 2026. However, the trend lines drawn on the chart suggest that the upward trend could continue until the first quarter of 2026. With time remaining until the end of 2025, we need to closely monitor BTC's movements. The DOM (60) indicator on the 1M chart is at 237.60, so the key question is whether it can break above 237.60 and maintain its price. However, the DOM (60) ~ HA-High range formed in the 202.45-222.61 range on the 1W chart, so whether it can find support within this range is crucial. Accordingly, the volatility period on the 1W chart is the period around the week of September 29th, i.e., September 22nd to October 5th. Please refer to the circled area on the 1M chart for the important period. - (1D chart) This volatility period ends on August 29th. The next volatility period will be around September 7th. After the volatility period around September 7th, we need to see if the price remains above 195.92. If the price remains above trendline (1), it is highly likely that an attempt to rise above 222.61 will occur. --------------------------------- As mentioned earlier on the 1W chart, the key question is whether the price can rise above 237.60. To draw a line, we need to examine whether the 202.45-222.61 range provides support and can move upward. From this perspective, if the 202.45-222.61 range provides support, it's considered a buying opportunity. However, considering the basic trading strategy, buying in the DOM(-60) ~ HA-Low range and selling in the HA-High ~ DOM(60) range is necessary, so we can see that this is actually a selling opportunity. Therefore, executing a new purchase in the 202.45-222.61 range requires a short and quick response. If you maintain a basic trading strategy, you can either sell in installments to gain psychological stability or choose to purchase additional shares when the 202.45-222.61 range provides support. - Some people argue that support and resistance aren't important, but rather whether the price will rise or fall. Yes, I agree with this. However, to move up or down, you need to understand the support and resistance points or ranges that serve as reference points. If you can't distinguish between these, you won't be able to trade, regardless of whether the price is rising or falling. Therefore, you need to evaluate how important the support and resistance points or ranges formed at the current price are. If you don't understand this, you'll end up trading by buying late after the price has risen or selling late after the price has fallen. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - ​​This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
Important range: 115854.56-119177.56 Hello, traders! Follow us for quick updates. Have a great day! ------------------------------------- (BTCUSDT 1D chart) This period of volatility is expected to last from August 23rd to 25th. It found support near 111696.21 and rose above 115854.56. Therefore, the key question is whether it can find support near 115854.56 and rise above 119177.56. If it falls below 115854.56, it could fall to around 108353.0. If it rises above 119177.56 this time and holds, it could attempt to rise near the right Fibonacci level 2.618 (133889.92) during the next volatility period, around September. Therefore, we should watch for support in the HA-High ~ DOM (60) range of 115854.56-119177.56 and see if it rises above that level. - Looking at the OBV indicator of the Low Line ~ High Line channel, it appears to be transitioning into a downward channel. Therefore, if the OBV indicator fails to rise above the High Line, there is a possibility of forming a short-term top. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - ​​Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
1
The key is whether it can find support near 44.46 and rise Hello, fellow traders. Follow us to get the latest information quickly. Have a great day. ------------------------------------- (ZECUSDT 1M chart) It appears to have broken away from the long-term downtrend line (1). However, to initiate an uptrend, the price must remain above the M-Signal indicator on the 1M chart. The key is whether the price can rise above 56.29 and hold its value. - (1D chart) The key is whether the price can find support around 44.46 and rise above 49.89-56.29. To achieve this, we need to see whether the price remains above the M-Signal indicator on the 1M chart after the volatility period around September 1st. If it fails and falls, we need to check for support near the first and second levels above: 1st: 37.69 2nd: 31.08-33.69 - Thank you for reading. We wish you successful trading. -------------------------------------------------- - ​​This is an explanation of the big picture. (3-Year Bull Market, 1-Year Bear Market Pattern) I will explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
Check for support near 4302.41-4372.72 Hello, traders! Follow us to get the latest updates quickly. Have a great day! ------------------------------------- (BTC.D 1M chart) For an altcoin bull market to begin, the price must either fall below 55.01 and hold or continue its downward trend. (USDT.D 1M chart) I believe that USDT dominance must remain below 4.91 or continue its downward trend for the coin market to continue its upward trend. The maximum decline in 2025 is expected to be around 2.84-3.42. After that, the coin market is expected to enter a bear market with an upward trend. ------------------------------------ (ETHUSDT 1D chart) It touched the previous all-time high (ATH) range of 3900.73-4107.80 and is showing an upward trend above 4302.41. Therefore, we need to check whether it can find support around 4302.41-4372.72. To continue the step-up trend, it's expected to rise above 4749.30. - When a new candlestick is formed, a low trend line is expected to form, consolidating the trend line as shown below. Therefore, the key question is whether the price can rise along the rising channel after the volatility period around August 28 (August 27-29). - The 4302.41-4749.30 range represents a high-boundary zone, requiring a short and quick response when trading. Therefore, if the price finds support near 4302.41 and rises, it would be wise to develop a trading strategy based on the assumption that the first sell-off will occur around 4749.30. For the uptrend to continue, rising above 4749.30, - the StochRSI indicator must remain upward with K > D, - the OBV must rise above the High Line and remain upward, - the TC (Trend Check) indicator must remain upward. (Preferably, it should show an upward trend above 0.) If the above conditions are met, I believe the uptrend is likely to continue. - If the price falls below 4302.41, 1st: 3900.73-4107.80 2nd: M-Signal on the 1W chart We need to check for support near the 1st and 2nd levels above. - The basic trading strategy is to buy in the HA-Low ~ DOM (-60) range and sell in the HA-High ~ DOM (60) range. However, if the price rises from the HA-High to DOM(60) range, it is likely to exhibit a step-like upward trend, while if it falls from the HA-Low to DOM(-60) range, it is likely to exhibit a step-like downward trend. Therefore, the basic trading strategy should be a segmented trading strategy. If you purchase a new position because the price appears to be supporting the HA-High to DOM(60) range, you should execute the trade quickly and with short-term responses. Otherwise, if the price falls below the HA-High indicator, it is likely to decline until it meets the HA-Low or DOM(-60) indicator. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
A rise above 3.725 could start a new bullish wave Hello, fellow traders! Follow me to get the latest information quickly. Have a great day. ------------------------------------- The original TON coin (token) failed, and this is the TON coin that was acquired and rebuilt. Therefore, there are currently two TON coins, so it's recommended to verify them before trading. This TON coin was acquired and rebuilt by Coinbase Ventures. - (TONUSDT 1D chart) If the price holds above 3.725, there's a possibility of an upward trend as it breaks above the 4.059-4.668 range. Therefore, the key question is whether it can find support at 3.440-3.725 and continue upward. If not, 1st: 3.161 2nd: 2.641-2.900 Check for support near the 1st and 2nd levels above. If possible, it's best to confirm that the price holds above the M-Signal indicator on the 1W chart before entering a trade. - (1W chart) If the price rises above 3.725, there's a possibility of a sharp rise as there are no support or resistance levels. Currently, the volume profile is forming in the 5.770-6.391 range, so there's a possibility that it will rise to that level. - Thank you for reading. I wish you successful trading. -------------------------------------------------- - Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I'll explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
Important range: 10.626-12.130 Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- Uniswap (UNI) is used on DEX exchanges. This makes it connected to many ecosystems. However, it's worth considering whether this coin (token) is worth holding in the medium to long term. This is because if the DEX exchange fails to activate and fails, it could disappear completely. Therefore, to trade this coin (token), I recommend holding it by gradually increasing the amount of coins (tokens) that represent profits. - (UNIUSDT 1M chart) The key is whether it can break above the formed channel. - (1W chart) The key is whether it can find support around 10.626 and rise above 14.233-17.073. If it declines below 10.626, it should check for support around 5.448-6.940. Therefore, if it falls below the M-Signal indicator on the 1M chart, trading should be halted and the situation should be assessed. - (1D Chart) The key is whether the price can maintain support above 14.233, with support found around 10.626-12.130. If the price fails to rise, we should check for support around 9.080. If not, a decline to 6.940 is possible. Since a short-term upward channel has formed, we should examine whether the price can rise along this channel. -------------------------------------------------- Increasing the number of coins (tokens) for profit involves selling the original purchase price (+ transaction fees) to retain the coins (tokens) corresponding to the profit. This increases the number of coins (tokens) with an average purchase price of 0, making it possible to hold them for the medium to long term. This strategy is more effective in a downtrend than in an uptrend. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I'll explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
Check if it finds support around 23.98-25.17 and rises Hello, fellow traders! Follow us to get the latest information quickly. Have a great day. ------------------------------------- Chainlink is one of the coins connected to many ecosystems. Therefore, I believe it's worth holding for the medium to long term. (LINKUSDT 1M chart) The key is whether the price can find support around 23.98-25.17 and rise along the uptrend line. If not, caution is advised as it may touch the lower uptrend line. - (1W chart) If the price finds support around 23.98-25.17 and rises, 1st: 35.28-40.67 2nd: Fibonacci ratio 1.618 (49.01) It is expected to rise to the 1st and 2nd levels above. After that, a bearish turn appears likely. Based on the current price, if it falls below the 19.52-20.51 range, it is recommended to stop trading and wait and see how the situation develops. - (1D chart) Ultimately, the key is whether the price can break above the uptrend line (1). If not, you should check for support within the circled area marked on the chart. However, if the price falls below the M-Signal indicator on the 1M chart, you should stop trading and wait and see how things turn out. - Thank you for reading. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
See if it finds support near 0.21409 and can rise Hello, fellow traders! Follow me to get the latest information quickly. Have a great day. ------------------------------------- (DOGEUSDT 1M Chart) I'm not sure if I should hold DOGE for the medium to long term. However, if you plan to hold the coin for the medium to long term, I recommend increasing the number of coins (tokens) that represent profit. The 0.21409-0.31600 range is an important high point boundary. If this area supports the price and the price rises, a stepwise upward trend is likely. To do so, we need to observe whether the price rises along the existing rising channel. If the price falls below the downtrend line (1), we should stop trading and wait and see how things unfold. - (1W Chart) A new channel has formed by breaking away from the downtrend line (2). Therefore, the key question is whether the price can rise along this channel and rise above 0.37778. If possible, I recommend finding support near 0.21409. - (1D Chart) To form a channel, the key is to find support near 0.21409 and maintain the price above 0.24481. To continue the stepwise uptrend, the price is expected to rise above 0.24481-0.27142. If it falls below 0.21409, it is expected to meet the M-Signal indicator on the 1M chart and re-establish the trend. The support level is 0.15129-0.16343. - Thank you for reading. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
See if the price can hold above 0.8289-0.8836 Hello, fellow traders! Follow us to get the latest information quickly. Have a great day. ------------------------------------- (ADAUSDT 1D chart) From a trend perspective, the key is whether the price can hold by breaking above the first and second trend lines. If the upward movement fails, we should check for support around 0.8289-0.8836. Therefore, we should check whether the price remains above 0.8289-0.8836 after August 31st, which is ADA's volatile period. - (1W chart) To continue the cascading upward trend, the price must rise above 1.1936-1.3678 and remain there. If it surges, it could rise to around 2.1150. Since the volatile period on the 1W chart occurred around the week of November 10th, a downtrend is likely thereafter. This is because a major bear market is expected to begin in 2026. Therefore, if the HA-High indicator falls below 0.8836, you should stop trading and assess the situation. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
The key is whether it can rise above 3.086 Hello, fellow traders. Follow us to get the latest information quickly. Have a great day. ------------------------------------- (CAKEUSDT 1W chart) For the uptrend to begin, the price must rise above 5.750 and hold. - (1D Chart) The key is whether the price can maintain support around 2.465-2.740 and rise above 3.086. If the price holds above 3.086, a stepwise upward trend is highly likely. At this point, the key point to watch is whether it can rise above 4.217. If it finds support around 2.465-2.740 and rises, a medium- to long-term uptrend is likely, so you can develop a trading strategy based on this. - If it falls below 2.465, it could fall below 1.860, so you should stop trading and wait and see how things go. The strong support area is 1.191-1.593, so if it finds support around this area, it would be a good time to buy. - Thank you for reading. I wish you successful trading. -------------------------------------------------- - Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I'll explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
SOL Volatility Period: Around August 18 Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (SOLUSDT 1M Chart) If the price stays above the M-Signal indicator on the 1M chart, the uptrend is expected to continue. If it falls below 126.36, you should stop trading and observe the movement. Since the HA-High indicator is forming at 179.74, the key question is whether it can find support near this level and rise. The start of a stepwise uptrend is likely to begin with a rise above 237.60, the DOM (60) indicator level. Therefore, the key point to watch is whether it can find support in the 179.74-237.60 range. The DOM (60) indicator indicates the end of a high, while the HA-High indicator indicates a decline from a high. Therefore, the 179.74-237.60 range can be considered a high boundary zone. When the DOM (60) or HA-High indicator first forms, a decline is likely. If the decline is followed by a rise near the HA-High or DOM (60) indicator, the likelihood of an upward breakout increases. Therefore, if support is found around 179.74 this time, it is highly likely to lead to an attempt to rise above 237.60. - (1W chart) The key area to watch on the 1W chart is whether the price can break above the 202.45-222.61 level. If the price breaks above the 202.45-222.61 level and maintains its upward momentum, a stepwise uptrend is likely to begin. - (1D chart) The key area to watch on the 1D chart is whether the price can find support around 179.53-183.04 and rise above 205.70. The 183.04 point is the HA-High indicator level, and the 205.70 point is the DOM (60) level. If it falls below 183.04, it is expected to meet the M-Signal indicator on the 1W chart and re-establish the trend. Ultimately, the price must remain above the M-Signal indicator on the 1M chart to maintain a strong uptrend. Therefore, looking at the bigger picture, we need to determine whether the 126.36-179.53 range provides support and allows for an upward movement. SOL's current volatility period is around August 18th (August 17th-19th). At this time, we should look for a direction in which it deviates from the 183.04-205.70 range. ------------------------------------------------- Only the concept of price moving averages, which I learned while studying chart analysis, is applied to the M-Signal indicator on the 1M, 1W, and 1D charts. The rest of the explanation cannot be interpreted using existing chart analysis techniques. This is because the HA-Low and HA-High indicators were developed for trading on Heikin-Ashi charts, while the DOM(60) and DOM(-60) indicators are a comprehensive evaluation of the DMI, OBV, and MOMENTUM indicators. Therefore, to interpret my charts, you must apply the concepts of support and resistance points. It's not that my chart explanations lack logic; they simply seem illogical because they can't be interpreted using existing interpretation methods. Chart analysis should be as simple and concise as possible. If you spend too much time analyzing charts or trying to apply complex theories, you will lack time to develop a trading strategy, increasing the likelihood of your trades going in the wrong direction. To interpret my chart, all you need is a basic understanding of price moving averages and support and resistance. Support and resistance points are determined by the horizontal lines of the DOM(60), HA-High, HA-Low, and DOM(-60) indicators. The DOM(60) and HA-High indicators mark highs, while the HA-Low and DOM(-60) indicators mark lows. Therefore, a basic trading strategy can be used: buy when the price rises from the DOM(-60) to HA-Low range, and sell when it reaches the HA-High to DOM(60) range. However, if the price rises above the HA-High to DOM(60) range, a stepwise uptrend is likely, while if the price falls below the DOM(-60) to HA-Low range, a stepwise downtrend is likely. Therefore, a segmented trading strategy should be adopted. - The basic chart for chart analysis is the 1D chart. Therefore, it's best to trade in line with the trend of the 1D chart. Therefore, the position that matches the trend of the 1D chart becomes the main position. So, since the current trend of SOL's 1D chart is up, the LONG position becomes the main position. To trade based on the trend of the 1D chart when trading futures, you need to set low leverage. Therefore, when trading based on the timeframe chart you're viewing, increase your investment proportion when trading in line with the trend of the 1D chart. Conversely, when trading in the opposite direction, reduce your investment proportion and execute short, quick trades. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
Check if the price can hold above 2.9092 Hello, traders. If you "Follow" us, you'll always get the latest information quickly. Have a great day. ------------------------------------- (XRPUSDT 1D Chart) If the price falls below the 1.5-1.9669 range, a major downtrend is likely to begin. To maintain the uptrend, the price must hold above the 2.5102-2.6013 range. If the price falls below the M-Signal on the 1D chart, it is highly likely to meet the M-Signal indicator on the 1W chart. In that sense, we should check for support around the previous all-time high (ATH) area of 2.9092. The next period of volatility is around August 28th. However, since BTC's volatility period is around August 24th, you should closely monitor its movements from around that time. - (1M Chart) While it's virtually impossible to predict the price as it's currently hitting a new all-time high (ATH), the area marked by a circle could potentially become a resistance zone. The key is whether the price can maintain its upward momentum above the Fibonacci range of 0.618 (3.2085) on the right and 3.618 (3.2983) on the left. The Fibonacci range on the left was drawn during the first wave. - Thank you for reading. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
Important Area: 0.30771-0.33084 Hello, fellow traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (TRXUSDT 1D Chart) TRX is one of those coins (tokens) that has a lot of users, yet feels neglected. For TRX to maintain its uptrend, the price must remain above the 0.30771-0.33084 range. The circled areas represent important support and resistance zones. When the M-Signal indicator on the 1W chart rises near the 0.30771-0.33084 range, a price decline below that level is highly likely to trigger a downtrend. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
Next Volatility Period: Around August 24th Hello, traders! Follow us to get the latest updates quickly. Have a great day! ------------------------------------- (BTCUSDT 1D Chart) After this volatility period, the price has re-entered the 115854.56-119177.56 range. Accordingly, the key question is whether the price can rise after finding support in the 115854.56-119177.56 range. The next volatility period is around August 24th (August 23rd-25th). ---------------------------------------- To determine the volatility period, support and resistance points and trend lines must be drawn on each timeframe chart. Support and resistance points are drawn using the DOM(60), HA-High, HA-Low, and DOM(-60) indicators included in the HA-MS indicator. Trend lines are drawn by connecting the points where the K value of the StochRSI indicator forms peaks in overbought or oversold zones. Therefore, the trend line is drawn by connecting the peaks formed in overbought zones with a high trend line and the peaks formed in oversold zones with a low trend line. If these two trend lines form a channel, the trend is likely to continue. If the trend lines intersect, a new trend is likely to be created. (1M Chart) The trend lines on the 1M chart are not specifically distinguished between high and low trend lines, but are instead displayed in a single color. This is because we determined that distinguishing between them is unnecessary, as they represent long-term trends. When creating trend lines, you must use peaks created in overbought or oversold areas. The 1M chart displays a dotted trend line, which connects points in overbought or oversold areas that do not have peaks. These trend lines are not used to determine periods of volatility. (1W Chart) Draw support and resistance points and trend lines on the 1W chart, just like on the 1M chart. When possible, draw trend lines only from recently created peaks and delete previously drawn trend lines. (1D Chart) Draw support and resistance points and trend lines on the 1D chart, just like on the 1M and 1W charts. The points where these support and resistance points and trend lines intersect or intersect are used to identify periods of volatility. When possible, areas where multiple support and resistance points and trend lines intersect or intersect are considered periods of high volatility. Also, since trend lines on 1M > 1W > 1D charts differ in accuracy, it's best to select points where they intersect more frequently when utilizing trend lines drawn on 1D charts. - Indicators or other analysis techniques created by others require long-term observation to understand and utilize. Therefore, rather than defining them as right or wrong, consider them as possible and consistently check real-time data to make them your own. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
ETH's next volatility period: around August 28th Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (ETHUSDT 1D chart) This volatility period for ETH is expected to last until August 15th. Therefore, caution is advised when trading. The key question is whether the price can rise above the previous all-time high (ATH) of 4868.0. Currently, the key support and resistance levels are 3900.73-4107.80. Therefore, even if there is a further decline, if the price remains within the 3900.73-4107.80 range or higher, the upward trend is expected to continue. Currently, the HA-High indicator is formed at 3708.87, so it's important to check whether a new HA-High indicator is formed if a further decline occurs. The formation of the HA-High indicator indicates a decline from the high, so determining whether support is found near that level is crucial. While ETH's volatility period is around August 28th, BTC's volatility period is around August 24th. Therefore, it's important to monitor how the price moves during this period. - Thank you for reading. We wish you successful trading. -------------------------------------------------- - Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I'll explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
The key is whether it can rise above 5.886. Hello, fellow traders! If you "Follow" me, you'll always get the latest information quickly. Have a great day. ------------------------------------- I don't necessarily recommend coins (tokens) that exhibit this behavior. However, if you have spare funds or have or can generate significant profits from other coins (tokens), I think it's worth looking into these coins (tokens) when they're ready to trade. The key is to maintain the price above the M-Signal indicator on the 1M chart. ------------------------------------- (CVXUSDT 1M Chart) CVX is showing signs of rising above the M-Signal indicator on the 1M chart. If the price remains above the M-Signal indicator on the 1M chart, the upward trend is likely to continue. - (1W Chart) After a prolonged period of sideways movement, the HA-Low and HA-High indicators on the 1W chart have converged, and the price has risen above the M-Signal indicator on the 1M chart. Therefore, the 2.862-3.412 range is considered a support area. If it falls below the 2.862-3.412 range, you should stop trading and wait and see how things go. The DOM (60) indicator is forming at 5.886, so a break above this level is highly likely to initiate a stepwise uptrend. Therefore, the key question is whether it can find support near 4.116 and rise above 5.886. - (1D chart) The key question is whether it can find support in the 4.418-4.902 range and rise. You should observe the transition from the M-Signal on the 1D chart > the M-Signal on the 1W chart > the M-Signal on the 1M chart. If the M-Signal indicators are aligned correctly, a full-scale uptrend is likely to begin. - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- - Here's an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I'll explain more in detail when the bear market begins. ------------------------------------------------------
by readCrypto
Support and Resistance Areas: 114454.57-115854.56 Hello, traders! Follow us to get the latest information quickly. Have a great day! ------------------------------------- (BTCUSDT 1D Chart) The K indicator on the StochRSI indicator appears to have entered the overbought zone, leading to a change in slope. Therefore, the upward trend appears likely to be constrained. - We need to confirm whether the price falls within the range indicated by the index finger. The key question is whether there is support around 114454.57-115854.56. If it declines, it is likely to continue until it meets the M-Signal indicator on the 1W chart. At this point, we need to check for support around 108353.0. This period of volatility is expected to occur around August 13th (August 12th-14th). The start of a stepwise uptrend is likely to occur only after it rises above 119177.56. - Thank you for reading to the end. We wish you successful trading. -------------------------------------------------- - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) I will explain in more detail when the bear market begins. ------------------------------------------------------
by readCrypto
3