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(ETHUSDT 12M chart)
I can't get on the plane and it's falling.
The maximum decline zone is expected to be around the Fibonacci ratio 0 (1190.57).
-
(1M chart)
Since it has fallen below the support and resistance zones, I think it's a good idea to check the turn with a relaxed mind.
In order to continue the uptrend, it must rise above the M-Signal indicator on the 1M chart.
If it falls to around 736.47, it is better to buy without thinking from a long-term investment perspective.
The minimum holding period is 1 year.
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(1W chart)
When looking at the 1W chart, the HA-Low indicator on the 1W chart is formed at the 1340.12 point.
Therefore, if it shows support around this area, it is a time to buy.
If it falls below 1340.12, it is a time to buy when it rises again and support is confirmed.
In the explanation of the 1M chart, I said to buy unconditionally if it falls to around 736.42.
This is a condition for holding for at least 1 year, so if not, it is recommended to buy when it is confirmed to be supported by rising near 1340.12.
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(1D chart)
ETH's volatility period is from April 5 to 7.
ETH's next volatility period is around April 17 (April 16 to 18).
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The most important thing on the ETH chart is the rising trend line (1).
Therefore, volatility is likely to occur when it passes the rising trend line (1).
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Let's look at the chart from a short-term perspective.
Currently, the HA-Low indicator on the 1D chart is formed at the 1935.34 point.
Therefore, from a short-term perspective, when it is confirmed to be supported by rising near 1935.34, it is the time to buy.
Therefore, you should think about the average purchase price of the coins you currently own and think about how to respond.
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The best method is to increase the number of coins (tokens) corresponding to the profit.
This method is most efficient when used during a downward trend.
You write down the purchase price and amount separately, and if the purchase price rises more than the purchase price and a profit is generated, you sell the purchase amount within the purchase amount range to leave the number of coins (tokens) corresponding to the profit.
The reason why this method is explained from a short-term perspective is because you have to conduct day trading or short-term trading.
If you continue to trade until the upward trend turns like this, you will make a large profit when the upward trend turns.
In addition, since the pressure on funds has decreased, you will also have the opportunity to seize the opportunity to make a full-fledged purchase.
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Thank you for reading to the end.
I hope you have a successful transaction.
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- This is an explanation of the big picture.
To check the entire range of BTC, I used TradingView's INDEX chart.
I rewrote the previous chart to update it by touching the Fibonacci ratio range of 1.902 (101875.70) ~ 2 (106275.10).
(Previous BTCUSD 12M chart)
Looking at the big picture, it seems to have been maintaining an upward trend following a pattern 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.
-
(Current BTCUSD 12M chart)
Based on the currently written Fibonacci ratio, it is displayed up to 3.618 (178910.15).
It is expected that it will not fall again below the Fibonacci ratio of 0.618 (44234.54).
(BTCUSDT 12M chart)
Based on the BTCUSDT chart, I think it is around 42283.58.
-
I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the green boxes, 1.902 (101875.70) ~ 2 (106275.10) and 3 (151166.97) ~ 3.14 (157451.83), are expected to be important support and resistance ranges.
In other words, it seems likely that they will act as volume profile ranges.
Therefore, in order to break through these ranges upward, I think the point to watch is whether they can receive support and rise near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising range in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) range.
In order to do that, we need to see if it is supported and rises near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but based on the previous decline, we expect it to fall by about -60% to -70%.
Therefore, if it starts to fall near the Fibonacci ratio 3.14 (157451.83), it seems likely that it will fall to around Fibonacci 0.618 (44234.54).
I will explain more details when the bear market starts.
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Trade active
#ETHUSDTThe key is whether it can be supported near 1647.06 and rise to the right Fibonacci ratio 0.618 (1868.21).
To do so, we need to check whether it has risen above the M-Signal indicator on the 1D chart after passing the volatility period of ETH around April 17 (April 16-18).
In order to continue the upward trend, the price must be maintained above the M-Signal indicator on the 1M chart.
Therefore, I think we need to focus on increasing the number of coins (tokens) corresponding to profits with a relaxed mind.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
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bit.ly/3YxHgvN
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X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
◆ t.me/readCryptoChannel
[HA-MS Indicator]
bit.ly/3YxHgvN
[DMI-OBV Trend]
bit.ly/4ibHtMc
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.