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(ETHUSDT 1D chart) The HA-High indicator is moving and showing signs of being created.
Accordingly, we can see that a high point section is being formed.
Therefore, whether there is support near the point where the HA-High indicator is created is an important key.
Currently, the HA-High indicator is expected to be created at the 3039.57 point.
- The 3265.0-3321.30 section is a section composed of the HA-High indicators of the 1W and 1M charts.
The 3438.16 point is the BW(100) point of the 1M chart, and the 3644.71 point is the BW(100) point of the 1W chart.
Therefore, it is expected that it will move to renew the ATH only if it rises above 3644.71.
- Since BW(0) is formed at the 2895.47 point, if it falls below 2895.47, there is a possibility that it will turn into a downtrend, so caution is required when trading.
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The creation of the BW(100) line means that the decline has begun.
Therefore, the key is whether it can maintain the price by rising above the point where the BW(100) line was created.
If not, there is a high possibility that the decline will begin.
The BW(100) line, like the HA-High indicator, indicates the high point range.
Therefore, if it falls below the HA-High indicator after the BW(100) line is created and shows resistance, it is highly likely that a full-scale downtrend will begin.
This downtrend may stop when it touches the HA-Low indicator or the BW(0) line, which are paired indicators.
Before that, it may touch important support and resistance points and rise, so you must draw support and resistance points on the 1M, 1W, and 1D charts.
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 by forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55
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交易進行
#ETHUSDT
The StochRSI indicator is showing signs of entering the oversold zone faster than expected.
Therefore, we need to focus on finding a buying opportunity.
However, since the StochRSI EMA is still located near the 50 point, it seems that we will need more time to see the movement.
For now, the point of interest is whether it can receive support near 3039.57.