Volatility period starts around November 4th


(Title) Volatility period starts around November 4th (example of additional purchase)

-----------------------

Hello, traders.

If you "Follow", you can always get new information quickly.

Please click "Boost" as well.
Have a nice day today.

-------------------------------------

The BW indicator is an indicator that comprehensively evaluates the MACD, StochRSI, OBV, and ATX indicators.

The BW (0) indicator is an indicator that appears when the BW indicator touches the 0 point and rises.

Therefore, it indicates the point where the rise begins, that is, the low point section.

The BW (100) indicator is an indicator that appears when the BW indicator touches the 100 point and falls.

Therefore, it indicates the point where the decline begins, that is, the high point section.

-------------------------------------------

(BTCUSDT 1D chart)
snapshot
The BW indicator value touched the 100 point and an arrow was displayed.

When a new candle is created, it is necessary to check whether the arrow remains the same.

The fact that the BW indicator touched the 100 point means that the upward strength is strong.

Therefore, it can be interpreted that there is a high possibility that it will lead to an additional increase.

However, when the BW (100) line is created, it can be said that it means that the possibility of a decline has begun to increase.

Therefore, it means that the possibility of a pull back or decline has begun to increase.

-
The point of interest is whether it will show a renewal of the ATH by touching the current highest price of 73777.0 or higher, or whether it will continue to decline.

There is a saying that the coin market is a trend-following market.

It can be said that this is a market with a strong tendency to follow a trend that has been formed.

Therefore, when a new candle is created, it is necessary to check the movement of the StochRSI and StochRSI EMA indicators.

Since the StochRSI EMA indicator is currently located in the middle section, it is necessary to check how much it rises when a new candle is created and the change in the slope of the StochRSI indicator.

-
If it progresses downward, the area around 70148.34 is expected to be an important support and resistance area.

snapshot
The reason is that it is near the upper point of the box of the HA-High indicator on the 1M chart.

In addition, the StErr Line is passing through the 70148.34-71280.01 section, confirming that it is an important point.

-
If you bought below 67414.39, it is recommended to sell and wait for the situation to be confirmed when resistance is confirmed in the 68393.48-69031.99 range.

You should have sold in installments around 71280.01 or 73000.0 before that.

-
If the average purchase price is below 67414.39 and you sold in installments around 71280.01 or 73000.0, you can buy more when a pull back is confirmed.

However, the additional purchase should not exceed the current holding amount.

If you buy more than the holding amount, the average price will rise significantly and you may not be able to hold on or it may turn into a loss.

Therefore, when the support is confirmed in the 68393.48-70148.34 section, additional purchases can be made below 70148.34.

This additional purchase is possible because the split sale was made.

-
The next volatility period is expected to start around November 4th.

-
Have a good time.
Thank you.

--------------------------------------------------

- ​​Big picture
snapshot
The full-scale uptrend is expected to start after rising by more than 29K.

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

#BTCUSD 12M
snapshot
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
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
snapshot
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

-----------------
Nota
#BTCUSDT.P
snapshot
BW (100) line was created at 72349.0.

Accordingly, the key is whether it can rise with support near 72349.0.

If it falls, it is necessary to check whether it is supported near 71363.0.

Since the M-Signal indicator on the 1D chart is passing the 68449.9-69020.1 range, it must fall below this range to turn into a downtrend.

We need to check whether the StochRSI indicator turns downward or falls in the overbought range and turns into a state where StochRSI < StochRSI EMA.
Nota
#BTCUSDT.P
snapshot
It is expected that the support at the 72534.6 point on the 1h chart will be an important point to watch.

If it continues to move sideways around 72534.6, the possibility of the rising channel turning into a falling channel increases.

This time, it is necessary to pay attention to the volatility that occurs when the 5EMA on the 1D chart is touched.
Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTBTCUSDTPERPHA-MSTechnical IndicatorsStochastic RSI (STOCH RSI)tradingstrategyTrend Analysis

Black Friday sale 70% off :
tradingview.com/black-friday/

Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Também em:

Publicações relacionadas

Aviso legal