Next Volatility Period: Around December 3

13 時間前

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(BTCUSDT 1D chart)

The key is whether it can find support in the 3 (92026.52) ~ 3.14 (93570.28) range and rise to around 3.618 (98841.11).

Since this volatility period is expected to continue until November 20, if it shows support in the 3 (92026.52) ~ 3.14 (93570.28) range, it is expected to rise.

However, if the current StochRSI indicator falls to the oversold zone and falls below 3 (92026.52) and shows resistance, there is a high possibility of a decline, so caution is required.

At this time,
1st: 90586.92
2nd: 2.618 (87814.27) ~ 1.618 (89050.0)
You should check for support near the 1st and 2nd above.

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(1W chart)

It is expected that support will be confirmed even if the price rises.

Therefore, it is expected that even if it rises to around 3.618 (98841.11), it will fall and proceed with the support confirmation work.

At this time, the support confirmation section is the section indicated by a circle.

It is expected that this support confirmation work will be for an increase of more than 100K.

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Have a good time. Thank you.

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- ​​Big picture
I used TradingView's INDEX chart to check the entire range of BTC.

(BTCUSD 12M chart)

Looking at the big picture, it seems to have been in an upward trend since 2015.

In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.

Accordingly, the upward trend is expected to continue until 2025.

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(LOG chart)

Looking at the LOG chart, you can see that the upward trend is decreasing.

Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.

Therefore, I expect that we will not see prices below 44K-48K in the future.

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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.

That is, the Fibonacci ratio of the first wave of the uptrend.

The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.

Therefore, this Fibonacci ratio is expected to be used until 2026.

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No matter what anyone says, the chart has already been created and is already moving.

It is up to you how to view and respond to it.

Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.

However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support and resistance role.

The reason is that the user must directly select the important selection points required to create the Fibonacci.

Therefore, it can be useful for chart analysis because it is expressed differently depending on how the user specifies the selection point, but it can be seen as ambiguous for use in trading strategies.

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

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12 時間前

ノート

When the market is ambiguous, I think it is better to keep the stop loss point and buy again rather than making additional purchases.

That way, it is a bit more inconvenient, but I think it is good overall because it can prevent large losses.

If the price rises after purchasing, you can set the stop loss point to make up for the principal and do what you have to do.

If it is sold, you can find the right time to buy again and buy.

When an uptrend is in progress, you can trade more easily if you buy when the candle on the 1D chart is a downward candle.

However, when it is a downward candle, you should check for support near the support and resistance points drawn on the 1M, 1W, and 1D charts.

Otherwise, if you buy at any time, you can suffer a large loss, so be careful.