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(BTCUSDT chart) I think the volatility period starts around September 1st (August 31st - September 2nd).
However, I was quite curious to see what it would look like when it rose on August 29th and the volatility period began.
I didn't know that I would get back to my original state like this.
Returning to the previous content, I said that it is important to be able to receive support and rise around 26054.0-26189.99.
Currently, the HA-Low indicator on the 1D chart has been created within the 26054.0-26189.99 range.
Therefore, the 26054.0-26189.99 section has formed a stronger support and resistance section than before.
It currently appears to have fallen below the 26054.0-26189.99 range.
Therefore, further increases can be expected only if the price quickly rises to the 26054.0-26189.99 range or rises higher and maintains the price.
This period of volatility is expected to begin around September 1st and end around the 11th.
What matters during this period of volatility is whether we can rise to around 28465.36.
If not, it is expected to renew the previous latest low.
Accordingly, there is a high possibility that it will fall below 24800.0.
There is no need to trade during periods of volatility.
This is because the volatility period is such a difficult period to predict.
Therefore, during a period of volatility, you need to check at which point or section you receive support or resistance and think about how to start trading when the volatility period ends.
There are many cases of sideways movements during periods of volatility.
If sideways moves like this, there is a possibility that the extremely boring market will continue for quite a long time (at least 12-15 days), so this should also be taken into consideration.
(USDT 1D chart) You should pay close attention to see if the shape of the current candle becomes smaller like the shape of the previous candle and the gap continues to rise from the moment of movement.
If this is not the case and the size of the candle remains as large as it is now, it means that the profit realization period has not yet ended.
The timing of profit realization is essential for greater gains.
Therefore, if you complete this profit realization period well, you will be able to earn large profits in the future beyond your losses.
Below BTC 29K, i.e. below 28465.36-28923.63, is the time to focus on BTC or ETH.
Therefore, for altcoins that you plan to invest in for the mid to long term, you need to complete the first purchase and focus on BTC or ETH to increase the number of coins you own.
Secondary purchases of altcoins are in the 32K-43K range, but full-scale purchases of all coins (tokens) are expected to begin when support is confirmed by the HA-High indicator of the 1M chart or above 43K.
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(BTCKRW chart) We need to check whether it can receive support around 35557000 and rise above 36337000.
If it falls below 35092000, there is a possibility that it will renew the previous low.
Therefore, we need to check if support is found around 32042000.
** All explanations are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA. Display method (in order of boldest) More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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Not
(BTCUSDT.P 1h chart) If the price holds near the current price position, i.e. around 26037.8, volatility is expected to occur by touching the MS-Signal indicator within 5 hours.
The minimum support point for an upward move from the current state is 26609.7.
Not
(BTCUSDT.P chart) In order to switch to an upward trend in the short term, it must rise above at least 26609.7.
To do so, the key is whether the price can be maintained by rising above 26037.8-26175.9 on the 1h chart.
If it falls below 25707.8, it is expected to renew the previous latest low, so it is expected to fall below 25467.2.
If the MS-Signal indicator shows a downward sign and is located below the MS-Signal indicator, the main position is 'SHORT'.
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