The key is whether it can receive support at 2498.51 and rise
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(ETHUSDT chart)
HA-High on 1M chart: 3321.30
HA-High on 1W chart: 3962.13
(1W chart)
We need to see if we can get support and rise around 2419.83.
(1D chart)
It appears that the HA-High indicator on the 1D chart will be created at the 2498.51 point.
Accordingly, it is necessary to check whether it can be supported and rise near the HA-High indicator on the 1D chart.
However, it is expected that the upward trend will continue only when it rises above the 2544.99-2684.94 range.
It is not supported around 2563.20, the upper point of the Price Channel indicator, and is showing a downward trend.
Accordingly, if it continues to decline, it is necessary to check whether it is supported near the MS-Signal indicator, that is, around 2419.83.
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.
---------------------------------
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(ETHUSDT chart)
HA-High on 1W chart: 3962.13
(1W chart)
(1D chart)
Accordingly, it is necessary to check whether it can be supported and rise near the HA-High indicator on the 1D chart.
However, it is expected that the upward trend will continue only when it rises above the 2544.99-2684.94 range.
Accordingly, if it continues to decline, it is necessary to check whether it is supported near the MS-Signal indicator, that is, around 2419.83.
Have a good time.
thank you
--------------------------------------------------
- The big picture
This is the section expected to be touched in the next bull market, 81K-95K.
#BTCUSD 12M
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
-------------------------------------------------- -------------------------------------------
** 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.
---------------------------------
Comment:
(XRPUSDT 1D chart)
Unlike the ETHUSDT chart, the BW indicator is showing a strong downward trend.
You should be careful to trade until the BW indicator starts to show an upward trend while holding the price above the MS-Signal indicator.
You should be careful to trade until the BW indicator starts to show an upward trend while holding the price above the MS-Signal indicator.
Comment:
(ETHUSDT 1W chart)
The HA-High indicator is about to be created at point 2258.11.
Accordingly, the key is whether it can receive support and rise around 2258.11.
Accordingly, the key is whether it can receive support and rise around 2258.11.
Comment:
If you bought when the StochRSI indicator was at its lowest point, that is, when it fell below 2196.52, you would have been able to get the best average purchase price.
However, the actual time to buy is from the current candle.
Therefore, if it is confirmed that there is support around 2258.11, which is the support and resistance point at the current price position, it is time to buy.
However, since the area around the MS-Signal indicator corresponds to the first selling period, a response plan must be prepared.
Therefore, you can choose to buy when it is supported around 2258.11, or buy when it is supported around the MS-Signal indicator.
Once you have chosen a time to buy, you need to think about whether you can determine a stop loss point.
If you feel that the stop loss point you selected is too far away or the loss is too high, it is best not to buy.
The stop loss point is in the 2159.0-2196.52 range.
If you select the profit/loss ratio conservatively, you will see that the loss is larger.
This is an example of aggressively selecting the profit/loss ratio.
However, the actual time to buy is from the current candle.
Therefore, if it is confirmed that there is support around 2258.11, which is the support and resistance point at the current price position, it is time to buy.
However, since the area around the MS-Signal indicator corresponds to the first selling period, a response plan must be prepared.
Therefore, you can choose to buy when it is supported around 2258.11, or buy when it is supported around the MS-Signal indicator.
Once you have chosen a time to buy, you need to think about whether you can determine a stop loss point.
If you feel that the stop loss point you selected is too far away or the loss is too high, it is best not to buy.
The stop loss point is in the 2159.0-2196.52 range.
Comment:
If you tried to buy yesterday but couldn't, it's time to wait a little longer.
When trading, it is best to consider the overbought range of the StochRSI indicator to be above 70 and the oversold range to be below 30.
Therefore, you can use the basic trading method of selling when the price falls in the overbought zone and buying when it rises in the oversold zone.
However, it is important to check whether you are receiving support or resistance at the support and resistance points at that time.
It is showing resistance as it touches the 2315.51 point.
However, it will take some time to find out whether it is resisted or supported.
Looking at the 4h chart, the StochRSI indicator has currently risen to the overbought range.
Therefore, the time to buy today is when the StochRSI indicator falls near the oversold zone and then rises.
If the StochRSI indicator falls and the price remains around 2315.51, you can consider the buying point to be around 2315.51 and start split buying.
Looking at the StochRSI indicator on the 1D chart, it has risen above 70 and has entered the overbought zone.
Therefore, I think it is better to check the support around 2315.51 and then buy, as there is a possibility that it will touch and rattle the MS-Signal indicator.
Therefore, if you buy today, you need to think about how much you want to split the purchase and proceed with the purchase.
When trading, it is best to consider the overbought range of the StochRSI indicator to be above 70 and the oversold range to be below 30.
Therefore, you can use the basic trading method of selling when the price falls in the overbought zone and buying when it rises in the oversold zone.
However, it is important to check whether you are receiving support or resistance at the support and resistance points at that time.
It is showing resistance as it touches the 2315.51 point.
However, it will take some time to find out whether it is resisted or supported.
Looking at the 4h chart, the StochRSI indicator has currently risen to the overbought range.
Therefore, the time to buy today is when the StochRSI indicator falls near the oversold zone and then rises.
If the StochRSI indicator falls and the price remains around 2315.51, you can consider the buying point to be around 2315.51 and start split buying.
Looking at the StochRSI indicator on the 1D chart, it has risen above 70 and has entered the overbought zone.
Therefore, I think it is better to check the support around 2315.51 and then buy, as there is a possibility that it will touch and rattle the MS-Signal indicator.
Therefore, if you buy today, you need to think about how much you want to split the purchase and proceed with the purchase.
Comment:
If there are support and resistance points marked on the chart, what is most important is whether you receive support or resistance at those points.
To confirm this, you should consider using various auxiliary indicators.
To confirm this, you should consider using various auxiliary indicators.
Comment:
(ETHUSDT 1D chart)
It shows an upward trend above the MS-Signal indicator.
Accordingly, the key is whether it can receive support near the MS-Signal indicator (2344.29) and rise above 2419.83.
Accordingly, the key is whether it can receive support near the MS-Signal indicator (2344.29) and rise above 2419.83.
Comment:
(1D chart)
Unfortunately, it is not supported near the MS-Signal indicator and is showing a downward trend.
Accordingly, it is necessary to check whether the StochRSI indicator of the newly created candle is converted to a bearish indication.
If it switches to a bearish indicator, you should be prepared to sell.
(4h chart)
In fact, a split sale should have been made when it fell below 2344.29, that is, when the StochRSI indicator fell from the overbought zone.
Since the StochRSI indicator is currently located in the oversold zone, you need to check at what point you are receiving support and resistance when it rises from the oversold zone.
For now, we need to see if it can rise above the 5EMA on the 1D chart and above 2300.18.
On the 1D chart, the StochRSI indicator has entered the overbought zone, so new purchases may feel psychologically unstable, so caution is required.
Accordingly, it is necessary to check whether the StochRSI indicator of the newly created candle is converted to a bearish indication.
If it switches to a bearish indicator, you should be prepared to sell.
(4h chart)
Since the StochRSI indicator is currently located in the oversold zone, you need to check at what point you are receiving support and resistance when it rises from the oversold zone.
For now, we need to see if it can rise above the 5EMA on the 1D chart and above 2300.18.
On the 1D chart, the StochRSI indicator has entered the overbought zone, so new purchases may feel psychologically unstable, so caution is required.
[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/
(1W chart)