Check the trading volume to avoid being fooled by fakes
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(BTCUSDT chart)
It touches around 25615.38 and shows an upward trend.
(1D chart)
Accordingly, if it does not rise above 26101.77-26188.99 quickly, it is expected to eventually fall.
At this time, you should check whether it is supported around the previous low point of 24800.0-25166.0.
Low time frame charts, that is, charts below 1D charts, are areas where fakes appear severely.
It is likely that it will pretend to fall and then change direction sharply.
Therefore, in order to avoid being deceived by fakes, you need to have peace of mind and check the trends in trading volume.
Since the trading volume indicator has been removed from this chart, you must check it by the color of the candle body.
This is because the darker the color of the candle body, the more significant trading volume has occurred.
The 23732.66-24376.02 area corresponds to the support and resistance area formed at the previous high point.
Therefore, I think that when it falls below the previous low point (24800.0-25166.00), it falls into a zone where it may fluctuate for a while.
I have indicated this so that you do not be fooled by this rattle.
If it falls below the 24800.0-25166.00 range, you should check for support around 22963-22826.15.
Since they keep talking about a decline, I think you will think that it will definitely fall this time.
However, if you have read what we published earlier, you will understand why we are talking more about the decline.
To briefly summarize, this is because it fell from the HA-High indicator and touched the HA-Low indicator.
This is because it means that we have entered a trend reversal phase.
Therefore, if there is a decline during the current trend transition phase, you should think of it as a downward trend.
In that sense, the 26101.77-26189.99 section corresponds to a very important support and resistance section.
Therefore, the maximum support range in the current section is around 24000.0, the previous low point.
If it falls below that level, there is a high possibility that the selling price will increase rapidly.
If it rises to the 26101.77-26189.99 range, I think the area around 28797.1 is the limit of the rise.
These limit areas, or resistance areas, are expected to lead to waves to change the trend.
I believe that a wave that changes a trend is a wave that must come out at least once in order to change the trend.
Therefore, even if it is not as shown in the picture above, it will definitely appear at least once.
What is important in these waves is which section is supported.
From the current point of view, the support range is expected to be 26101.77-26189.99 at the lowest level.
--------------------------------------------------
- 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.
---------------------------------
Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(BTCUSDT chart)
It touches around 25615.38 and shows an upward trend.
(1D chart)
Accordingly, if it does not rise above 26101.77-26188.99 quickly, it is expected to eventually fall.
At this time, you should check whether it is supported around the previous low point of 24800.0-25166.0.
Low time frame charts, that is, charts below 1D charts, are areas where fakes appear severely.
It is likely that it will pretend to fall and then change direction sharply.
Therefore, in order to avoid being deceived by fakes, you need to have peace of mind and check the trends in trading volume.
Since the trading volume indicator has been removed from this chart, you must check it by the color of the candle body.
This is because the darker the color of the candle body, the more significant trading volume has occurred.
The 23732.66-24376.02 area corresponds to the support and resistance area formed at the previous high point.
Therefore, I think that when it falls below the previous low point (24800.0-25166.00), it falls into a zone where it may fluctuate for a while.
I have indicated this so that you do not be fooled by this rattle.
If it falls below the 24800.0-25166.00 range, you should check for support around 22963-22826.15.
Since they keep talking about a decline, I think you will think that it will definitely fall this time.
However, if you have read what we published earlier, you will understand why we are talking more about the decline.
To briefly summarize, this is because it fell from the HA-High indicator and touched the HA-Low indicator.
This is because it means that we have entered a trend reversal phase.
Therefore, if there is a decline during the current trend transition phase, you should think of it as a downward trend.
In that sense, the 26101.77-26189.99 section corresponds to a very important support and resistance section.
Therefore, the maximum support range in the current section is around 24000.0, the previous low point.
If it falls below that level, there is a high possibility that the selling price will increase rapidly.
If it rises to the 26101.77-26189.99 range, I think the area around 28797.1 is the limit of the rise.
These limit areas, or resistance areas, are expected to lead to waves to change the trend.
I believe that a wave that changes a trend is a wave that must come out at least once in order to change the trend.
Therefore, even if it is not as shown in the picture above, it will definitely appear at least once.
What is important in these waves is which section is supported.
From the current point of view, the support range is expected to be 26101.77-26189.99 at the lowest level.
--------------------------------------------------
- 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.
---------------------------------
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