Hello, traders.
If you "Follow", you can always get new information quickly.
Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart)
Among the many trend lines, the one marked 1W is the important one.
Therefore, we need to look at whether it can rise above the 1W trend line or rise along the trend line.
If not, and it falls below 108316.90, it may lead to further decline, so we need to think about a countermeasure for this.
This volatility period is expected to continue until July 3, but it is expected to last until July 11, so caution is required when trading.
-
Indicators that indicate high points are DOM(60), HA-High, and StochRSI 80.
HA-High and StochRSI 80 are formed around 108316.90, and DOM(60) is formed at 111696.21.
Therefore, the 108316.90-111696.21 section is a high point boundary section, and if it is supported and rises in this section, it is highly likely that a stepwise uptrend will begin.
The conditions for a stepwise uptrend to begin are:
- The K of the StochRSI indicator must show an upward trend below 80,
- The PVT-MACD oscillator indicator must show an upward trend above the 0 point,
- The OBV of the Low Line ~ High Line channel must show an upward trend. If possible, it is better for the Low Line ~ High Line channel to form an upward channel.
When the above conditions are met, I think that if it is supported and rises in the 108316.90-111696.21 section, it is highly likely that a stepwise uptrend will continue.
If the above conditions are not met, it is likely that it will show a downward trend again while pretending to rise.
-
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 more details when the bear market starts.
------------------------------------------------------
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
X에 다른 내용(코인, 주식 등)이 자주 게시.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[OBV Indicator]
bit.ly/4dcyny3
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.