If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day.
-------------------------------------
(BTCUSDT 1M chart) It began to rise in the buy zone and reached its first decline around the Fibonacci ratio point of 1.27 (73.308.95).
This first decline continued towards the Fibonacci ratio point of 0.886 (56000.42).
It then moves higher and is rising above the Fibonacci ratio point of 1.13 (67031.36).
Therefore, it appears that there is a high possibility that the Fibonacci ratio will show volatility through a three-stage movement.
If volatility occurs in three stages like this,
In case of decline, it is expected to fall around the Fibonacci ratio range of 0.707 (48064.07) to 0.786 (51606.42).
When rising, it is expected to rise around the Fibonacci ratio range of 1.618 (88913.24) to 2 (106042.09).
Therefore, I think the key is which direction it deviates from the Fibonacci ratio range of 1.13 (67031.36) to 1.24 (73308.95).
(1W chart) If it rises along the important upward channel, it is expected to continue the upward trend purchased around 16K-28K.
However, since it has created a new rising channel (rising trend line (4) ~ (5)) and is showing an upward trend, if it deviates from this rising channel, volatility is expected to occur to change the trend.
Therefore, it is necessary to keep a close eye on the movement between the high trend line of the important rising channel and the rising trend line (4).
Therefore, this period of volatility on the 1W chart is expected to last until around the week of July 29th.
(1D chart) A short-term rising channel has been formed and the price is showing an upward trend along the short-term rising channel.
However, since the rising channel narrows as the price rises, the possibility that the Fibonacci ratio point falls below the short-term rising channel around 1.27 (73308.95) cannot be ruled out.
Therefore, the trend line we should consider important is the upward trend line (1).
This rising trend line (1) is the corresponding trend line to the rising trend line (4) mentioned in the 1W chart.
Therefore, since a short-term uptrend can lead to a movement to continue the mid- to long-term uptrend, we need to think about countermeasures against this.
Currently, the HA-High indicator on the 1D chart is formed at 67614.25, and the HA-High indicator on the 1W chart is formed at 65233.64.
Therefore, you should consider a response strategy depending on whether there is support around 65233.64-67614.25.
The next period of volatility will be around June 4 (June 3-5).
However, there is a possibility that proactive volatility may occur from around May 27th to 29th (maximum May 26th to 30th).
These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward.
Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.
#BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55
-----------------
Not
#BTCUSDT The key is whether it can receive support and rise near the HA-High indicator (67614.25) on the 1D chart.
The StochRSI indicator has entered the oversold zone.
Therefore, it is important whether there is support near the HA-High indicator.
If not, and it falls, you should check for support around 65086.86-66444.16.
If the intersection between the upper point of the box of the HA-Low indicator and the lower point of the box of the HA-High indicator appears to be supported, it is an important support and resistance area.
If it falls below the HA-Low indicator (62791.03) on the 1D chart, it is highly likely that a cascading decline will begin, so you should think about a countermeasure.
In any case, the priority is to check whether there is support in the current price position 66312.16-70096.12.
Not
It appears that USDC has fallen below the volume profile range.
USDC's gap decline is likely to have an impact on the short-term decline in the coin market.
The fund that has a significant impact on the coin market is USDT. If USDT moves sideways or maintains an upward gap, the coin market is expected to eventually continue its upward trend.
I believe that the gap decline in USDT or USDC is a sign of fund outflow from the coin market.
Conversely, if USDT or USDC gap increases, it can be said to be a sign of funds flowing into the coin market.
While USDC is showing a downward trend, BTC dominance and USDT dominance are decreasing.
A decline in BTC dominance can mean that funds are being concentrated towards altcoins.
A decline in USDT dominance means that the overall trend of the coin market is likely to show an upward trend.
Therefore, if funds flow into USDT or USDC, the coin market is likely to form a bull market.
Since USDC is currently showing a downward gap, it can be interpreted that profits are being realized in the short term.
Therefore, it can be seen that the rise is continuing to fall in the short term.
It is necessary to check whether funds that can reverse this short-term flow will flow through USDT.
Since BTC dominance is on a downward trend, it is time to trade altcoins.
However, since the flow of funds is on a short-term downward trend, it is time to find the right time to trade the altcoin you want to trade.
Looking at the current price position of most altcoins, they are in an awkward position to trade.
Therefore, before starting a trade, you should focus on checking for support and resistance points.
(BTCUSDT 1D chart)
(ETHUSDT 1D chart)
I believe that a more detailed trading strategy can be created by using the support and resistance points made up of the HA-Low and HA-High indicators as indicators for proceeding with trading.
Not
#BTCUSDT The MS-Signal indicator (M-Signal on the 1D chart) is passing near 67614.25.
Accordingly, support near 67614.25 is important.
If it falls below the MS-Signal indicator (M-Signal on the 1D chart) and shows resistance, it is highly likely that it will turn into a short-term downtrend, so you should think about a response plan for this.
If it falls without support near 67614.25, you should check support near 65233.64 (64K-66401.82).
The area near 65233.64 (64K-66401.82) is an important support area to maintain an upward trend.
The next volatility period is around June 4th (June 3rd-5th).
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.