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 forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55
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#BTCUSDT The key is whether it is supported above 71280.01 since around June 13th.
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#USDT
#USDC
Money is flowing into the coin market.
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#BTCUSDT BTC has not changed.
It failed to rise above 71280.01 and re-entered the 67614.25-70231.38 range.
We need to check whether it can rise above 71.280.01 after the next volatility period, around June 13 (June 12-14), or whether it falls below 67.614.25.
Since the HA-Low indicator (62791.03) and the HA-High indicator (67614.25) are in a convergent state, if the price is maintained around 62791.09-67614.25, I think it is highly likely that the upward trend will continue.
Therefore, the buying range is broadly around the 62791.03-70231.38 range.
Among them, the 67614.25-70231.38 range is the last buying range.
The 65233.64 point is the HA-High indicator point of the 1W chart, and an important section is formed across the 64K-66401.82 section.
In order to switch to a stepwise downtrend, it is likely to start when it falls below 62791.03.
As the StochRSI indicator falls below the midpoint, the downward trend begins to intensify.
Therefore, it is necessary to check where support and resistance are found.
When the StochRSI indicator enters the oversold section, if it shows support near 67641.25, it is expected to lead to an additional rise.
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It is important to trade by predicting in advance whether the price will rise or fall, but more importantly, you should trade according to your investment style, that is, the investment period.
Therefore, if you are trading futures or day trading, you should trade based on a short period.
Therefore, it is important to first remember what your investment period is.
The 1D chart is an important chart when trading from a short-term perspective.
Therefore, you should find the trading time according to the movement of the MS-Signal (M-Signal on the 1D chart), HA-Low, and HA-High indicators displayed on the 1D chart.
When the HA-High indicator and MS-Signal (M-Signal on the 1D chart) indicators are supported and rise, it is the buying time.
In addition, when the StochRSI indicator rises to the overbought zone and then turns downward, and when the BW indicator is created as a horizontal line and falls from that horizontal line, it is the selling time.
In addition, when it rises above the upper point of the HA-High indicator box and then falls below the upper point of the box again, it is the selling time.
Here, you should add important points on the 1M and 1W charts and create a detailed trading strategy to respond.
Currently, since the price is maintained above the MS-Signal (M-Signal on the 1D chart) indicator, it should be interpreted that it is maintaining a short-term upward trend.
From a medium- to long-term perspective, the current movement is in a state of sideways movement where there is nothing to do.
Therefore, you need to know what your investment period is and create a trading strategy that suits it.
It is not important whether it will go up or down in the future.
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There is a high possibility that a short-term decline will occur due to the gap decline of USDC.
Be careful when trading altcoins because BTC dominance is showing an upward trend of 55.01 or more.
If USDT dominance is maintained below 4.97 or shows a downward trend, the coin market is expected to continue its upward trend.
Therefore, if we summarize the above, we can summarize as follows. 1. The overall trend of the coin market is likely to show a short-term downward trend. 2. There is a possibility that BTC will show an upward movement alone.
ملاحظة
#BTCUSDT The volatility period is from June 12th to 14th.
Therefore, there is nothing we can do at the moment.
We need to see if it can go up above 67614.25 or if it will go down to around 65233.64.
The rising trend line (1) is the low trend line drawn on the 1W chart.
Therefore, we need to see if it goes up along the rising trend line (1) after the volatility period.
ملاحظة
#BTCUSDT The volatility period is until June 14.
Therefore, we need to check for support near 67614.25.
In order to continue the uptrend, we need to eventually rise above 71280.01 and maintain the price.
If it falls, we need to check for support near 65233.64 (64K-66401.82).
If it falls below 62791.03, a step-down downtrend is expected to begin, so we need to think about a response plan for this.
In any case, starting a trade at this point depends on whether there is support near 67614.25.
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