The key is whether it can receive support and rise around 136.92
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(SOLUSDT 1M chart)
The 136.92 point is the HA-High indicator point.
Therefore, the key is whether it can be supported and rise around 136.92.
(1W chart)
Since the MS-Signal indicator is formed over the range of 0.618 (119.71) to 0.707 (135.56), the key is whether it can be supported and rise in this range.
If this fails and it falls, it is expected to fall to around 0.5 (98.71).
In other words, you need to check if it can be supported and rise near the M-Signal indicator on the 1M chart.
Since the HA-High indicator was formed at the 168.41 point, it is likely that an uptrend will begin if it rises above this point.
(1D chart)
The StochRSI indicator is showing an upward trend in the oversold range, but considering the current setting value of the StochRSI indicator, it must rise above 30 during trading to be considered to be out of the oversold range.
Therefore, it cannot be said that it is out of the oversold zone yet.
However, if StochRSI > StochRSI EMA remains, the possibility of an upward rise increases, so the key is whether it can receive support and rise around 136.92.
Currently, the horizontal point of the BW indicator is formed at 153.16.
Therefore, it is time to buy only when the price rises above 153.16 until a new horizontal point of the BW indicator is created.
Therefore, if support is confirmed around 136.92, proceed with aggressive buying.
If you encounter the horizontal point of the newly created BW indicator or the MS-Signal indicator around 153.16, you should sell it in installments.
This is the basic trading strategy of aggressive buying.
However, depending on the situation, you can either sell 100% or sell the purchase principal amount.
As mentioned earlier, full-scale purchase is
- horizontal point of the BW indicator,
- MS-Signal indicator,
- HA-High, HA-Low indicators,
- Support and resistance points drawn on 1M, 1W, 1D charts
This is possible when it is confirmed that you are supported in the above areas.
Have a good time.
thank you
--------------------------------------------------
- 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 zone, you should check the movement when this zone is touched.
#BTCUSD 1M
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
-----------------
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(SOLUSDT 1M chart)
Therefore, the key is whether it can be supported and rise around 136.92.
(1W chart)
If this fails and it falls, it is expected to fall to around 0.5 (98.71).
In other words, you need to check if it can be supported and rise near the M-Signal indicator on the 1M chart.
Since the HA-High indicator was formed at the 168.41 point, it is likely that an uptrend will begin if it rises above this point.
(1D chart)
Therefore, it cannot be said that it is out of the oversold zone yet.
However, if StochRSI > StochRSI EMA remains, the possibility of an upward rise increases, so the key is whether it can receive support and rise around 136.92.
Currently, the horizontal point of the BW indicator is formed at 153.16.
Therefore, it is time to buy only when the price rises above 153.16 until a new horizontal point of the BW indicator is created.
Therefore, if support is confirmed around 136.92, proceed with aggressive buying.
If you encounter the horizontal point of the newly created BW indicator or the MS-Signal indicator around 153.16, you should sell it in installments.
This is the basic trading strategy of aggressive buying.
However, depending on the situation, you can either sell 100% or sell the purchase principal amount.
As mentioned earlier, full-scale purchase is
- horizontal point of the BW indicator,
- MS-Signal indicator,
- HA-High, HA-Low indicators,
- Support and resistance points drawn on 1M, 1W, 1D charts
This is possible when it is confirmed that you are supported in the above areas.
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 zone, you should check the movement when this zone is touched.
#BTCUSD 1M
1st: 43833.05
2nd: 32992.55
-----------------
Comment:
(AMPUSDT 1D chart)
The HA-Low indicator was created at 0.007735.
Accordingly, if it is supported and rises around 0.007735-0.008250, it is expected to rise to the HA-High indicator point of 0.010529-0.011205.
If it fails to rise, you should check for support around 0.004740-0.006060.
There is a possibility of shaking up and down to create a state where M-Signal of the 1W chart > M-Signal of the 1M chart, so caution is required when trading.
Since the M-Signal indicator is passing around 0.008250, the key is whether it receives support or resistance around 0.008250.
When interpreting a chart, the reference point is often the point where you want to start buying.
If you have bought it, it may be a point to sell.
I believe that how much you can trust the points that indicate support and resistance points ultimately depends on your trading strategy and how you will respond.
Therefore, when drawing support and resistance points, it is best to exclude subjective thoughts as much as possible.
In that sense, the indicators displayed on the chart provide objective information.
If the price continues to fall, a new HA-Low indicator will be created, like the AMPUSDT chart above, creating a new trend.
As an example, I explained it using the AMPUSDT 1D chart.
Accordingly, if it is supported and rises around 0.007735-0.008250, it is expected to rise to the HA-High indicator point of 0.010529-0.011205.
If it fails to rise, you should check for support around 0.004740-0.006060.
There is a possibility of shaking up and down to create a state where M-Signal of the 1W chart > M-Signal of the 1M chart, so caution is required when trading.
Since the M-Signal indicator is passing around 0.008250, the key is whether it receives support or resistance around 0.008250.
When interpreting a chart, the reference point is often the point where you want to start buying.
If you have bought it, it may be a point to sell.
I believe that how much you can trust the points that indicate support and resistance points ultimately depends on your trading strategy and how you will respond.
Therefore, when drawing support and resistance points, it is best to exclude subjective thoughts as much as possible.
In that sense, the indicators displayed on the chart provide objective information.
If the price continues to fall, a new HA-Low indicator will be created, like the AMPUSDT chart above, creating a new trend.
As an example, I explained it using the AMPUSDT 1D chart.
Comment:
(SOLUSDT 1D chart)
The HA RSI indicator has fallen below 30.
Accordingly, if the HA RSI indicator rises to around 137.08 and rises above 30, there is a possibility that the HA-Low indicator will be created.
If that happens, it becomes important whether support can be obtained at the 137.08 point.
If the HA-Low indicator is generated, it is time to buy when it shows support around it.
If the HA-Low indicator is not supported and falls, it is likely to show a cascading decline.
However, the creation of the HA-Low indicator means that there is a high possibility of forming a low point, so it will eventually show movement to form a bottom section.
Therefore, it is time to think about how to proceed with the purchase.
Accordingly, if the HA RSI indicator rises to around 137.08 and rises above 30, there is a possibility that the HA-Low indicator will be created.
If that happens, it becomes important whether support can be obtained at the 137.08 point.
If the HA-Low indicator is generated, it is time to buy when it shows support around it.
If the HA-Low indicator is not supported and falls, it is likely to show a cascading decline.
However, the creation of the HA-Low indicator means that there is a high possibility of forming a low point, so it will eventually show movement to form a bottom section.
Therefore, it is time to think about how to proceed with the purchase.
Comment:
(SOLUSDT.P 1D chart)
It is necessary to check whether the HA-Low indicator is generated at the 140.985 point.
If the HA-Low indicator is created at the 140.985 point, the key is whether it can receive support and rise around there.
If it rises,
1st: MS-Signal indicator
2nd: HA-High indicator
When touching the 1st and 2nd areas above, it corresponds to the split selling period.
In order for an uptrend to begin, it is likely that the price must be maintained above the MS-Signal indicator and HA-High indicator.
Therefore, the upward trend is likely to begin only when it rises above 191.438, the current HA-High indicator point.
The 137.038 point is the HA-High indicator point on the 1M chart.
Since the M-Signal indicator on the 1W chart and the HA-High indicator on the 1D chart are formed nearby, the current section can be considered an important section.
Therefore, the HA-Low indicator that is being created this time can be seen as a meaningful movement.
If the M-Signal indicator on the 1W chart shows resistance, it is likely to fall to around 101.778, so you should think about a response plan.
MS-Signal (M-Signal on 1D chart) > M-Signal on 1W chart > M-Signal on 1M chart, so it is currently in an upward trend.
Accordingly, the main position is LONG.
Don't forget this point and respond briefly to SHORT positions.
If the HA-Low indicator is created at the 140.985 point, the key is whether it can receive support and rise around there.
If it rises,
1st: MS-Signal indicator
2nd: HA-High indicator
When touching the 1st and 2nd areas above, it corresponds to the split selling period.
In order for an uptrend to begin, it is likely that the price must be maintained above the MS-Signal indicator and HA-High indicator.
Therefore, the upward trend is likely to begin only when it rises above 191.438, the current HA-High indicator point.
The 137.038 point is the HA-High indicator point on the 1M chart.
Since the M-Signal indicator on the 1W chart and the HA-High indicator on the 1D chart are formed nearby, the current section can be considered an important section.
Therefore, the HA-Low indicator that is being created this time can be seen as a meaningful movement.
If the M-Signal indicator on the 1W chart shows resistance, it is likely to fall to around 101.778, so you should think about a response plan.
MS-Signal (M-Signal on 1D chart) > M-Signal on 1W chart > M-Signal on 1M chart, so it is currently in an upward trend.
Accordingly, the main position is LONG.
Don't forget this point and respond briefly to SHORT positions.
Comment:
(SOLUSDT 1D chart)
The HA-Low indicator has leveled off and the price is rising on the HA-Low indicator.
However, since it has not risen above the MS-Signal indicator, there is a possibility of resistance near the MS-Signal indicator.
Therefore, it is a buying time until support is confirmed from the HA-Low indicator to the MS-Signal indicator.
Since the M-Signal indicator on the 1W chart is rising around 136.92, if it falls below 136.92 and shows resistance, it is in the stop loss zone.
1st: 168.41
2nd: 191.23
The area around the first and second rounds above corresponds to the split sale section.
In order to continue the upward trend on the 1D chart, it is expected to start by rising above the HA-High indicator point of 191.23.
HA-Low and HA-High indicators fluctuate according to price movements, so if a new HA-High indicator is created due to price fluctuations, the upward trend is expected to begin only when it rises above that level.
However, since it has not risen above the MS-Signal indicator, there is a possibility of resistance near the MS-Signal indicator.
Therefore, it is a buying time until support is confirmed from the HA-Low indicator to the MS-Signal indicator.
Since the M-Signal indicator on the 1W chart is rising around 136.92, if it falls below 136.92 and shows resistance, it is in the stop loss zone.
1st: 168.41
2nd: 191.23
The area around the first and second rounds above corresponds to the split sale section.
In order to continue the upward trend on the 1D chart, it is expected to start by rising above the HA-High indicator point of 191.23.
HA-Low and HA-High indicators fluctuate according to price movements, so if a new HA-High indicator is created due to price fluctuations, the upward trend is expected to begin only when it rises above that level.
[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)
(1D chart)
You need to check whether it is possible to break upward through the psychological volume profile sections formed in each time frame chart above, one by one.
If the price rises above 10.373-16.40, which is the psychological volume profile section of the 1M chart, and maintains the price, it is likely to form an upward trend.
If not, it seems possible to create a middle section in the form of a bottom.
The StochRSI indicator on the 1D chart shows an upward trend above 30, unlike the StochRSI indicator on the SOLUSDT 1D chart.
Accordingly, if the price rises above 6.810 and is maintained, it is expected to show a further upward trend.
At this time, the key is whether the MS-Signal indicator can rise above.