Get started

BTCUSDTPERP

📊Bitcoin Mid-Term Analysis📊👋Hi everyone. 📈Today, I decided to analyze Bitcoin almost completely on a weekly time frame with the help of technical analysis tools to give you a good view for the mid-term . ✅After rising almost ➕15% for the past four weeks , Bitcoin has started to decline again (as I expected in previous posts ✅). ☠️One of the reasons for Bitcoin's fall again in terms of technical analysis was the Death Cross Signal . 📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day , crosses below its long-term moving average, usually the 200-day . 🌊According to Elliott's wave theory , Bitcoin completed its 5-impulse wave at $31,800 and is currently completing corrective waves. It is better to know that because the main wave A has 5 microwaves, the structure of the corrective pattern should be in the form of a Zigzag correction(ABC/5-3-5) . 🌊It seems that the main wave B has also ended, but to confirm this, we have to wait for the break of the Support line and the 🟢Support zone($26,880-$26,500)🟢 . 🌊After confirmation of the end of the main wave B , I expect the main wave C to finish in the 🟢Heavy Support zone($25,280-$23,900)🟢 or one of the 🟡Price Reversal Zones(PRZs)🟡 , in terms of timing, the end of the main wave C could be in one of the ⚫️ Time Reversal Zones(TRZs) ⚫️. ❗️ Note ❗️: The price and time of the end of the main wave C depends on the fundamental conditions of the cryptocurrency market and other parameters ( 💲Interest rate💲_⚔️War⚔️_🐳Behavior of whales🐳_🔄On-chain Data🔄_etc. ) 🔔I expect Bitcoin to rise to at least the previous high($31,800) after the correction waves are completed. 🙏In the end, I have to apologize for the fact that the chart is busy, but in my opinion, all the lines and indicators were needed for your better understanding of the analysis, and I also hope that this analysis has an 📚educational📚 aspect for you. ------------------------------------------------------------ I would be happy to share your opinion about Bitcoin for the mid and even long-term below this post. ------------------------------------------------------------ Bitcoin Analyze ( BTCUSDT ), Weekly time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
86
BTCUSDT likely to bounce from 4h support towards 28536Here is a long idea for BTCUSDT. The price has been trending down after the peak it has made. The price bounced from hourly support but got rejected from 4h resistance 4HR1. It seems that the price is heading to the next support which is 4h support 4HS1. This support shall provide bounce for a long trade and therefore a long trade is favorable from there. The target of this long trade should be the 4h resistance 4HR1 which is sitting around 28536.
Long
by angela_altair
1
BTCUSDT accumulating for big move upto 29336The price is consolidating around the daily support. The price tapped that liquidity zone thrice and still trading above it. This is indeed an accumulcation for a upward move. The volume is low and still price not able to move down. This clearly indicates that it is accumulation and the price is due to move up. I think soon we will continuation of upward move which will last longer than any occassional spurt to the upside we have seen recently. So I see a long to be favorable for a long term position from this level. For short term trade, the idea is to aim for the daily resistance WR1 around 29336.
Long
by angela_altair
2
₿itcoin will go UP by Bullish 🏁Flag🏁 Pattern⏰(15_Min)👋Hi guys, I hope that you had a great weekend.🥳 ✅Bitcoin seems to have managed to break the 🔴 Resistance zone($27,600-$27,300)🔴 by Breakout Candle and is currently completing a pullback to this line. 🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern. 🔔I expect Bitcoin to rise toward the 🔴 Resistance zone($28,450-$28,060) 🔴 after breaking the upper line of the descending channel . Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
43
📊#BTC accomplishes its goal with a smiley face structure🎯✔️➡️As early as September 28, I came into contact with this shy girl, and like our pursuit of girls, it was full of twists and turns.❤️ ➡️When we came to the resistance zone, I thought we were going to succeed, and the rejection that followed made me question, can I really pursue it❓ ➡️When we came to the double-bottom multi-head defense, I was almost dejected and ready to turn away when the shy girl walked up to me.😱 ➡️Now that I'm with this shy girl (completed TP zone) and we've nailed it (follow-up bullish), maybe I need to whisper a few things in the girl's ear before we go on our honeymoon together doing rockets.👂✔️🚀 Okay, guys, I'm in love😂 💕Follow me and let’s pursue girls together💯
Short
by wolf_king888
📊#BTC begins a bloody harvest with true and false news🔪💥With the announcement of the true or false news of the ETF, the market has experienced wild fluctuations, resulting in most people lying in this silent slaughterhouse. Those who did not have any sense of risk management ended up in a pool of blood, unfortunately.🙏 🧠In any case, according to the technical point of view, the short structure is completely destroyed, and the medium-term target area near $30,000 has been achieved, with the breakthrough of the upper defense point, the next direction will continue to be bullish.📈 ➡️Now we need to wait for a new bull structure to form☕️ 🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
In order to turn into a short-term upward trend...Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT chart) (1M charts) The key is whether the price can be maintained by rising above 28465.36. The intensity of the decline is increasing as the StochRSI indicator falls below 50. Therefore, when entering an oversold section or turning upward, it is necessary to check at which point or section there is support or resistance. Therefore, if the StochRSI indicator shows support above 28465.36 when it turns upward, it can be said that there is a high possibility of an upward trend. (1W chart) It is located near the M-Signal indicator on the 1M chart. The StochRSI indicator is on the rise. We need to check whether the upward trend can be maintained even in newly created candles. If the upward trend continues, it is expected to enter the overbought zone in the near future. Even though it has entered the overbought zone, if the price rise is weak and does not rise above 29241.72, it is expected to eventually show a downward trend. At this time, if it falls below 21258.0-23174.39, it can be said that a period of great volatility has begun. Conversely, when the price rises above 29241.72-30767.38, it can be said that a period of great volatility has begun. Therefore, the downtrend mentioned above means sideways within the 21258.0-23174.39 range to 29241.72-30767.38 range. (1D chart) A slightly altered trend line has been created from the previously created uptrend line (1). Therefore, there is a possibility of a short-term bottom forming around the channel formed by this trend line. We need to check whether the StochRSI indicator can break out of the overbought zone. If it is out of the overbought zone and the price is maintained above the MS-Signal indicator, it is expected to turn into a short-term upward trend. The key is whether the price can rise above 28142.85 with this short-term upward trend. The volatility period is around October 20th, so it will be important to see if the price can stay out of the 25131.48-28142.85 range after this period. -------------------------------------------------- - 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. -------------------------------------------------- ------------------------------------------- ** 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. ---------------------------------
by readCrypto
2
Long trade #14 for Bitcoin BTC price. FOMC Fed rate todayWe have found a very interesting fractal movement of the BTCUSDT price, which now has a chance to repeat itself at least partially. So, we'll try to take a long position. Entry = buy zone $26456-26681 with a potential average price of $26569 Stop = $25764 (-3%) TP = $29180 (+9.8%) P/L ratio = 3.25 We allocate $10,000 for this trade In the event of a mistake, we will lose $300 If the trade will be a success, we will receive a profit of $980 We also remind you that today, 20.09, is the announcement of the new Fed rate. Currently, the market expects the rate to remain unchanged at 5.50%. Therefore, we assume that there will be increased market volatility at 18:00-20:00 UTC, during Powell's speech. We plan to enter the trade on this volatility. We also have a few of our old ideas that "subtly hint" that growth is still possible in the coming weeks: Idea from 03/03/2023 "Inverted Head and Shoulders" The BTCUSDT price has tested the base twice. It's time for the BTC price to grow, the minimum target for this pattern is $40-41k. Idea from 04/28/2023 The BTCUSDT price has been skillfully moving with the green fractal for over six months. If it continues like this, then by the new year, $50-51k is real. Idea from 11/18/2022. The total capitalization of the crypto market. Almost a year ago, the crypto market bottomed out. Since then, the total capitalization has grown by +25-30%, which is not much, to be honest. But if the fractal movement continues, we can see +60-70% in the total capitalization of the crypto market by the end of the year. What do you think about this trade, and what is your vision? Write about it in the comments!
Long
by P_S_trade
37
POSSIBLE TRADESHere are possible BTC trades which could be taken. At the extreme point we have an supply area which has been tested once and strong rejection is an indication of major sellers there. next time the price gets there we could take a short for the second run. Below the current market price we have multiple demand levels which could be potential places to go long. Our immediate demand level has been tested many times already and taking a trade upon this level requires more insight which could be evident provided that you check lower time frames. Lower demand levels could also turn into lucrative opportunities to go long. Just make sure you have those areas on your chart and upon reaching act based on your own entry setup. Be Honorable
by AliHassanzadeh
📊#BTC double bottom bullish structure target achieved⚠️long⚠️🤯Well, the whales seem to know in advance that I want to go long BTC idea, completely did not give us a chance, we are 50 points apart can successfully enter the long, a pity. But congratulations to the friends who follow the advice to go long and successfully obtain a 400%+ yield.💰🍻🍻🍻 ⚙️The target area has been achieved, so don't be too greedy, you can take profits.⚙️ ➡️If you want to fight for more profits, you can choose to leave a part of the position to fight for the breakthrough of the short defense point, if the two short defense points are successfully broken, then it means that the short structure is destroyed, and the probability of subsequent continuation of the long will be greater.✔️ ⚠️Note that this is a risk-free wait⚠️ ➡️If you are just waiting on the sidelines, then it is more reasonable to suggest that you wait for the correction to show a new long structure before entering the long market. Or when the short defense point is broken, the pullback that occurs at that time is a suitable buying opportunity.✔️ 🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
BTCUSDT at daily support and likely to head up to 27636The price has hit the daily support. I think this daily support will hold the price and stop it from moving downward for now. This creates a favorable condition for a long trade as the price is likely to bounce from this support. The price migh go deep further into this support zone so I will slowly build the position as the price moves into this zone. There are two targets for this trade. One target is the hourly resistance around 27396 where the price will face some resistance and pullback. Therefore offloading some size here and then adding again on pullback is favorable. The final target is the 4h resistance 4HR1 around 27636.
Long
by angela_altair
₿itcoin is Ready to Fall again⏰(1-Hour)⏰✅₿itcoin started to grow as I expected in the previous post on the 1-hour time frame. 🏃‍♂️Bitcoin is currently moving near the 🔴 Resistance zone($27,600-$27,300) 🔴, Resistance lines , 🟡 Price Reversal Zones(PRZ) 🟡,🔵 100_EMA(Daily) 🔵 and Downtrend line . 🌊In terms of Elliott wave theory , Bitcoin seems to be completing the last wave of the Double Three Correction(WXY) . 🔔I expect Bitcoin to start going down again after hitting the Resistance lines and the 🟡 Price Reversal Zones(PRZ) 🟡. 🔔The first 🎯Target🎯 of Bitcoin can be a Support line . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Ferrari to accept crypto for luxury car purchases: Reuters. California Signs Crypto Bill Into Law. Bloomberg Analyst Predicts Likelihood Of A Spot Bitcoin ETF By January 2024. Legendary Investor Jim Rogers Warns Era of US Dollar Dominance Is Coming to an End. US Government Has No Option Except Currency Debasement, and Bitcoin (BTC) Stands To Benefit: Bloomberg Analyst. First Stage of Bitcoin Bull Market ‘Well and Truly Underway,’ Says Analyst Jason Pizzino – But There’s a Catch. California Sets 2025 Start for Digital Asset Regulatory Framework. 🌐➖ Negative News ➖🌐: Cryptocurrency Exchange Volume Report Released: Here’s How Binance, Coinbase, Bybit and 10 Other Exchanges Performed -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
38
Bitcoin Analyze(Road map)🗺️⏰(1-Hour)⏰👋 Hi everyone. 🙏 First, I have to apologize for the busy chart, but I will try to draw all the important zones and lines for you so that the posts have an 📚 Educational aspect 📚. 🏃‍♂️Bitcoin is moving in the 🟢Support zone($26,880-$26,500)🟢 near the 🟣 Yearly Pivot Point($26,737) 🟣, Support lines and 🔵 50_SMA(Daily) 🔵. 🌊According to the theory of Elliott waves , Bitcoin seems to be completing its 5th wave with the help of the Expanding Ending Diagonal . 💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys . 🔔I expect Bitcoin to move towards the Resistance line and 🔴 Resistance zone($27,600-$27,300) 🔴 after breaking the upper line of the Expanding Ending Diagonal . ❗️ Note ❗️: Below the 🟢Support zone($26,880-$26,500)🟢 , Bitcoin has a 🔵 CME Gap($26,400-$26,290) 🔵, which I don't think Bitcoin will fill this gap in this attack, but if this zone is filled, the scenario will change . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx. Telegram And TON Foundation Collaborate With Alibaba Cloud In Quest For Fastest Blockchain. Bitcoin Lightning Network growth jumps 1,200% in 2 years. Billionaire Paul Tudor Jones Still Likes Bitcoin Despite Price Drop. Tether Continues To Flow Into Exchanges. JPMorgan debuts tokenization platform, BlackRock among key clients: Report. Crypto HODLers Stash Bitcoin Worth $1.35B Each Month, Onchain Data Show. ARK Invest updates spot Bitcoin ETF proposal in response to SEC criticisms. 🌐➖ Negative News ➖🌐: Crypto exchange Bitstamp to end Canadian services in January Jim Cramer thinks 'Mr. Bitcoin is about to go down big' -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
58
📊#BTC may rebound through a double-bottom bullish structure📈🧠In our analysis in the previous article, we said that we are in a paradoxical zone, where there is a reasonable structure to support either the rise or the fall. But the short term wedge bearish structure is broken, we do not choose to continue to extend the bear strength, so now only a bullish double bottom structure as a support, so there is a certain probability of a rebound.📈 ➡️From a short-term perspective, it is not recommended to chase short positions. You can play a small long position with a light position. ⚠️Note that if the double bottom bullish defense is broken, then the rise will lose momentum. Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
Need to check if it can rise along the uptrend line (1)Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) It showed a decline while touching the 'more important section' and the MS-Signal indicator. We could see that the intensity of the decline was strong as the StochRSI indicator showed a two-stage (?) decline. At the same time, the StochRSI indicator entered the oversold zone. Accordingly, when the price moves out of the oversold section, a change in trend is expected to occur depending on which point or section it receives support or resistance from. Since it is currently a movement within an upward channel, it is necessary to check whether it is rising along the upward trend line (1). If it falls below the rising trend line, the key is whether it can receive support around 26101.77 and rise. Since the StochRSI indicator has entered the oversold zone, it means that the intensity of the decline will be strong until it leaves the oversold zone, so at present, you should think that there is a possibility of a continued decline and think about countermeasures. As mentioned in the previous idea, the 'more important section' and the area around 26101.77 correspond to the time to buy BTC or ETH. Therefore, you can proceed with additional purchases when you see support in this section. (1W chart) The start of a period of great volatility is expected to begin with a drop below 21258.0-23174.39 or a rise above 29241.72-30767.38. I think the movements until then were just sideways. ---------------------------------------------- In any case, you must be careful when trading altcoins because it is believed that the profit realization period and day trading period have ended. However, since trading in very short periods such as scalping is possible at any time, whether in a rising or falling market, it is possible to trade for altcoins that you wish to invest in from a mid- to long-term perspective. The reason is that when BTC is below 29K, it is the time to focus on buying BTC or ETH, but for altcoins, it is the first buying period. -------------------------------------------------- - 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. -------------------------------------------------- ------------------------------------------- ** 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. ---------------------------------
by readCrypto
📊#BTC may continue to fall through a rising wedge📉➡️As we mentioned before, now we are in a contradictory zone, some people are bullish and some are bearish. 👀The situation reflected in the chart is two structural forms, one is a potential small double bottom bullish structure, and a rising wedge bearish structure. If we pay attention to the sequence, then the possibility of continuing to fall should be greater.📉 ➡️So whether it goes up or down, entering the market now is obviously very contradictory. If you hold a short position, it is recommended to reduce part of the position to increase the possibility of risk-free gaming. ➡️If you hold a long position, my advice is that the necessary risk management settings must be in place.⚙️ If you don't have any orders, it might be wise to wait for a clear signal.☕️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Short
by wolf_king888
📊#BTC falls below support zone, Can key support hold❓🤯Despite any expectations, there are always two options for the development of events in trading, growth or fall. The main thing is to identify trigger zones that signal a change of mood.👀 🧠Expectations for local growth did not materialize, and Bitcoin fell below the strong support of $27,000 after exiting the upward channel. Next, we will choose to attack the key support zone, if it cannot be held here, then it means that the bull structure is completely destroyed, then the subsequent will continue to bear.📉 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Short
by wolf_king888
⚠️Bitcoin will Go Down Again⏰(1-Hour)⏰⚠️👋Hi everyone, I hope that you have a great weekend.🥳 🌊It seems that the corrective structure of Bitcoin continues so that the Wave A had an Expanding Leading Diagonal structure, and in general, it seems that the corrective structure will be a Zigzag type(ABC/5-3-5) . 📚It is better to know that generally, on Saturdays and Sundays , Volume Trading is low , so there is a high probability that Bitcoin will move in the form of Range in the next two days and will make its main move at the beginning of next week. 💡Also, we can see Regular Divergence(RD-) between two consecutive peaks. 🔔I expect Bitcoin to eventually break back below the 🟢 Support zone($27,920-$27,800) 🟢 and once again attack the 🟢 Heavy Support zone($27,600-$27,300) 🟢 and the lower line of the Ascending Channel . ❗️ Note ❗️: If BTC can break the 🔴 Heavy Resistance zone($28,440-$28,060) 🔴, the scenario will change. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Spot Bitcoin ETFs Could Send BTC Skyrocketing by Over 3,200%, Says InvestAnswers Host. Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September. Hong Kong crypto VC opens $100M fund for Asian blockchain startups. Robert F. Kennedy Jr. Pledges to Protect Bitcoin When President. 🌐➖ Negative News ➖🌐: JPEX converts user stablecoins to native token without notice: Report. Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’. Binance Losing Market Dominance at Rapid Pace. Dark Side Of Crypto: $7 Billion Laundered Across Chains, According To Elliptic. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
79
Bitcoin will ⚔️Attack⚔️ to Downtrend line⏰(15_min)⏰👋Hi, everyone. 🏃Bitcoin is running on 🟢 Heavy Support zone($27,600-$27,300) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡. 🌊In terms of Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) so that wave B could end at 🟡 Price Reversal Zone(PRZ) 🟡. 🔔I expect Bitcoin to Attack the Downtrend line in the coming hours to complete Wave C . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: The user account "Satoshi" says that he/she will publish documents to prove her identity in 2024 (On Twitter). Bitcoiner drops BitVM paper — Bringing Ethereum-like contracts to Bitcoin. Weekly Crypto Inflows Surge by 370%, According to CoinShares. Bitcoin’s exchange balance plummets to five-year low. Arthur Hayes Says AI and Historic Money Printing Will Create ‘Most Epic’ Bull Market for Crypto. Former BlackRock Manager Says Prepare For $17.7 Trillion Inflow Into Bitcoin If This Happens. Bitcoin is a ‘super logical’ step on the tech tree — OpenAI CEO. Bitcoin Is Better Than Digital Gold: Matrixport. South Korea’s Crypto Market Cap Leaps to $21.1 Billion in H1 🌐➖ Negative News ➖🌐: Binance users in Hong Kong lose $450K in wave of fraud texts: HK police. Huobi & KuCoin Added to UK Warning List for Operating Without Registration. Binance Losing Market Dominance at Rapid Pace. Instagram’s Stance on Bitcoin: Why Accounts Get Suspended. Bitcoin Could Plunge by Nearly 50%, According to Crypto Analyst Nicholas Merten – Here’s Why. Stablecoin Market Hits 2-Year Lows In Terms Of Market Cap – What’s Going On? Bitcoin Mining Giant Bitmain Halted Employee Salaries. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
52
Section becomes more importantHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- It is important to know what investment period the person publishing the idea is talking about. If you don't know the intentions of the person publishing the idea, I don't think there is anything to draw from the idea. The reason is that it may not match your investment period and create a wrong trading strategy. You should always think about this and refer to other people's ideas. Check which chart it is based on. If the idea is written below a 1D chart, it is a short-term idea, so it is best to think of it as an idea for day trading. Therefore, if more than 3-4 days have passed since publishing, it is best to consider the idea as meaningless. Since the investment period is short-term, movements are usually predicted for about 7-10 days. Depending on the person, the short-term period may be viewed as longer, so you can think about it according to your own thoughts. The charts I usually publish are 1D charts. Therefore, you are writing your ideas from a short-term perspective. --------------------------------------------- (BTCUSDT chart) (1M charts) The StochRSI indicator is falling below 50, showing that the strength of the decline is increasing. Accordingly, you need to check at what point and in what section you receive support or resistance and think of a response plan. The key is whether it can be supported in the section consisting of the trend-based Fib Extension and volume profile section depicted on the current chart. In other words, it is important to receive support in the 27021.99-28465.36 range. (1W chart) What is important to look at in the 1W chart is whether it falls below the 21258.0-23174.39 range or rises above the 29241.72-30767.38 range. Since the last week of volatility week has begun, it is important to check the volatility this week. (1D chart) The lines displayed on the chart, that is, lines corresponding to trend lines (MS-Signal, M-Signal, trend lines, etc.), can be thought of as psychological elements in nature. The reason is because it is a line corresponding to the moving average line. So, in some ways, it can be a meaningless line, or it can be a very important line. Currently, the section consisting of the M-Signal indicator on the 1W chart and the M-Signal indicator on the 1M chart can be considered an important psychological section. In addition, since the MS-Signal indicator is rising into the section comprised of the M-Signal indicator, its psychological impact can be seen as becoming stronger. Therefore, whether support or resistance is received in this psychological zone is likely to have an impact on creating a trend. The StochRSI indicator usually rises near the overbought zone when it rises from the oversold zone, and moves in the opposite direction, creating waves that repeat infinitely. However, sometimes it bends and moves around 50. This movement can be seen as a movement that makes the currently established trend stronger. Therefore, in case 1, the upward trend was strengthened and could lead to a large upward trend. Conversely, in case 2, the downward trend is likely to intensify and lead to a large downward trend. Therefore, it confirms that whether support or resistance is received in the section consisting of the M-Signal indicator of the 1W chart and the M-Signal indicator of the 1M chart has become an important key. -------------------------------------------------- - 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. -------------------------------------------------- ------------------------------------------- ** 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. ---------------------------------
by readCrypto
1