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(TRUMPUSDT.P 1D chart)
The HA-Low indicator on the 1D chart is showing an upward trend after being created.
The HA-Low indicator is currently formed at 7.933.
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The 12.560-18.301 section corresponds to the Close value of Heikin-Ashi on the 1M chart.
Accordingly, in order to continue the upward trend, it is expected that the price will have to rise above 12.560-18.301 to maintain the price.
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If it falls below 11.796-12.560, it is likely to meet the HA-Low indicator on the 1D chart again, so a response strategy is needed.
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If it rises above 18.301 and maintains the price, it is expected to determine the trend again by touching around 27.329.
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Thank you for reading to the end.
I hope you have a successful trade.
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- This is an explanation of the big picture.
I used TradingView's INDEX chart to check the entire range of BTC.
I rewrote it to update the previous chart while 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 following a pattern since 2015.
In other words, it is a pattern that maintains a 3-year bull market and faces a 1-year bear market.
Accordingly, the bull market is expected to continue until 2025.
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(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)
I think it is around 42283.58 when looking at the BTCUSDT chart.
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I will explain it again with the BTCUSD chart.
The Fibonacci ratio ranges marked in the light 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 to act as a volume profile range.
Therefore, in order to break through this section upward, I think the point to watch is whether it can rise with support near the Fibonacci ratios of 1.618 (89126.41) and 2.618 (134018.28).
Therefore, the maximum rising section in 2025 is expected to be the 3 (151166.97) ~ 3.14 (157451.83) section.
To do that, we need to look at whether it can rise with support near 2.618 (134018.28).
If it falls after the bull market in 2025, we don't know how far it will fall, but considering the previous decline, we expect it to fall by about -60% to -70%.
So, if the decline starts 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 downtrend starts.
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Trade active
#TRUMPUSDT.PYou can't trade all coins (tokens).
Therefore, you don't have to be upset if you didn't trade a coin (token) that is rising.
However, you should practice creating a trading strategy by checking the movement of the chart and seeing if you can start trading when the coin (token) you want to trade shows the same movement.
TRUMP touched the 11.796-12.560 area and rose again to the important area of 12.560-18.301.
At the same time, it is forming a volume profile area at the 13.333 point.
Therefore, if the price maintains above 13.333 until April 30, which is the volatility period of BTC, the 13.333 point is expected to serve as an important support and resistance area.
As I mentioned earlier, in order to continue the uptrend, the price must rise above 18.301 and maintain its value.
The reason is that when looking at the 1M chart, it is seen as turning into an uptrend.
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Since the chart has not been created for long, it is possible that it will not properly play the role of actual support and resistance points, but it is expected to rise to around 27.329 and determine the trend again.
If it falls below 11.796 and shows resistance, it may fall again to around 7.933, so you should also consider a response plan for this.
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.
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.