The key is whether it can be supported around 57889.10

12. Sept.

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I think funds are still flowing into the coin market.

Therefore, as long as funds flow into the coin market, the coin market is expected to continue its upward trend.


However, I think that it is necessary to adjust the investment ratio because the trading volume is not the same as before (box section).

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(1D chart)

The horizontal line drawn on the chart indicates the volume profile section.

Therefore, the strongest volume profile section at the current price position is around 58697.01.

In addition, the volume profile section currently being formed is 56843.36, 64179.08.

The PVT indicator is a component of the BW indicator.

Since the PVT is currently in a downward trend, we can see that the downward strength is strong.

Therefore, when it rises above 58697.01, it is important to see whether the PVT turns into an upward trend.

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(1D chart)

If it receives support near 57889.10, it is highly likely that the MS-Signal (M-Signal on the 1D chart) indicator will turn upward.

Therefore, the key is whether it can receive support near 57889.10 and rise above 59053.55.

However, since the current StochRSI indicator is in the overbought zone and has a change in slope, there is a possibility that it will make a short-term high near 57889.10.

If the StochRSI indicator turns downward this time, whether it will receive support near 56150.01-56950.56 is an important key.

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(1W chart)

If PVT falls below the dotted line on the 1W chart, there is a high possibility that it will turn into a downtrend.

Therefore, you should check whether it can be supported near 57122.77, which is the lower point of the HA-High indicator box on the 1W chart.

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Since the trading period is mostly different, the chart analysis will differ depending on which point you start trading from.

Therefore, the points or sections I mentioned are points or sections that can affect the trend.

I think the point that has the greatest influence on the trend change from the current price position is the 57889.10 point.

In order for the trend change to expand, it must break out of the 56150.01-59053.55 section.

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From a short-term perspective, it seems that it is currently forming a short-term high.

So, to break above this short term high, it needs to be supported above 59053.55.

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Have a nice time.

Thank you.

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- ​​Big picture

The real uptrend is expected to start after rising above 29K.

The area expected to be touched in the next bull market is 81K-95K.

#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 13401.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.

We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.

#BTCUSD 1M

If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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13. Sept.

Anmerkung

You can see that there is a change in the slope of the StochRSI indicator and the overbought zone.

Accordingly, we should prepare for a decline.

However, there is a possibility that the StochRSI EMA indicator will touch and rise, but for now, it is better to interpret that it is forming a high point.


Therefore, even if the price rises, if it does not rise above 59053.55 and is not supported, it is likely to fall.

From a medium-term or higher perspective, it is expected to show an upward trend, so we should be careful to adjust the investment ratio.

Since the 61099.25 point is an important point, we need to check whether the trading volume increases when it rises near 61099.25.

When falling, we need to check whether it is supported near 56150.01-56950.56.