readCrypto

Next volatility period: around February 6 (February 5-7)

BINANCE:ETHUSDT   Ethereum / TetherUS
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(ETHUSDT 1M chart)
It is necessary to check whether it can receive support and rise in the 2159.0-2531.05 section.

The most important thing in the 1M chart is whether it can touch the HA-High indicator and rise.

This is because the HA-High indicator is an indicator that is formed at the high point.


(1D chart)
In order to switch to an uptrend, the price must rise above the MS-Signal indicator and remain there.

And, there is a high possibility that an upward trend will form as the HA-High indicator rises.

Currently, the HA-High indicator is formed at 2498.51, so we need to check whether it rises above 2498.51 or swings up and down to create a new HA-High indicator.

Accordingly, the key is whether it can receive support around the support range of 2196.52-2258.11 and rise above the HA-High indicator.


Have a good time.
thank you

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.


#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.

Since it is thought that a new trend can be created in the overshooting area, you should check the movement when this area is touched.


If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using 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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