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Sharing the Volatility Period for BTC and ETH

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BTC is showing signs of decline as its volatility period comes to an end.
Now, we need to observe how ETH will move as it passes through its volatility period.
ETH's volatility periods are July 10–12 and July 16–18.

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BTC's next volatility period is around July 29 (July 28–30).
Therefore, the key question is whether it can rise to the 69,000–73,499.86 range.

Currently:
1. The StochRSI indicator is located in the overbought zone and is showing signs of a decline.
2. The OBV indicator is showing signs of falling below the High Line again. 3. The BSSC indicator is maintaining a level above 0.

The above movement must meet the following conditions:
1. The StochRSI indicator must show an upward trend without entering the overbought zone.
2. The OBV indicator must be maintained above the High Line.
3. The BSSC indicator must be maintained above 0.

If these conditions are satisfied, the uptrend will continue.

Therefore, when it shows signs of support around 57,694.27 to 61,299.80, you should observe whether the conditions above are met.

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Since ETH's movement resembles that of BTC, you can refer to the movements of BTC's auxiliary indicators.

However, as it is located near the M-Signal indicator on the 1D chart, the key factor is whether it can receive support near the current price.

If it shows signs of support, the StochRSI indicator should be reset quickly at that point.

The critical range for the mid-to-long term is the 1164.99 to 1440.0 zone.

This is because if it falls below this level, it is highly likely to enter the mid-to-long-term investment zone.

Therefore, it is important to see if it can find support and rise around the 1597.76 to 1879.61 range.

If the OBV indicator maintains near the High Line, it is highly likely to eventually show an upward trend.

Therefore, you should also monitor whether the OBV indicator is maintained above EMA 1.

Due to this movement, the HA-Low indicator on the 1W chart appears to be forming at the 1782.28 point.

Therefore, you should also check next week whether the HA-Low indicator on the 1W chart forms at the 1782.28 point. Therefore, you should consider the time to buy when the price shows signs of support in the 1666.58 to 1782.28 range.

Although the price is showing a stepwise downtrend by falling below the HA-Low indicator, the end of such a downtrend is a reversal to an uptrend.

Fundamentally, a full-scale uptrend is highly likely to begin once the price rises above the M-Signal indicator on the 1M chart and maintains that level.

Therefore, even if you bought near the HA-Low indicator, you must adjust your position size until the price rises above the M-Signal indicator on the 1M chart.

In other words, you must engage in day trading to properly manage your capital and adjust your position size.

This is because doing so will allow you to have the capacity to buy again when the price shows a stepwise downtrend once more.

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Thank you for reading to the end.
I wish you a successful trade.

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บันทึก

July is a good month for a rebound or an upward trend to begin.

Looking at the current movements, it may seem unlikely that such a move will occur, but that is not the case.

I believe the key factor depends on whether support is found around the 57,694.27 to 61,299.80 range.

Therefore, you must increase your position size and secure cash through consistent trading.

However, if the price falls below 57,694.27, a stop-loss is necessary.

The reason is that it could drop to around 48,189.84.

We have a response plan for this.

If the price falls and encounters the HA-Low indicator, buy depending on whether support is found; and if the price rises and then shows signs of falling, sell a portion or 100% to secure your position or cash.

If the decline continues, continue trading according to the above method. Then, if the price rises above the previous HA-Low indicator point and exceeds the M-Signal indicator on the 1M chart, it will enter a full-fledged uptrend.

Therefore, you must maintain your main position weight and secure cash by adjusting your position size through day trading.

Since the main position requires profit realization after the uptrend begins in earnest, it may be difficult to maintain if too much capital is invested; thus, it must be managed according to your investment capital.

The point where the horizontal line extends from the previous HA-Low indicator point corresponds to the buying timing.

In other words, points 1 and 2 correspond to buying timing, with point 2 being the final buying timing.

However, if the price rises above the M-Signal indicator on the 1M chart and maintains that level, it is highly likely that a full-fledged uptrend will begin; therefore, you should consider the area around the M-Signal indicator on the 1M chart as the final buying timing. Therefore, it should be considered ambiguous to buy at point 2.

บันทึก

For day trading, it does not matter which timeframe chart is used.

However, charts shorter than 5m are excluded as they are closer to the scalping realm.

The basic trading strategy is to buy when the price finds support near the DOM(-60) or HA-Low indicators, and to sell when it rises to near the HA-High or DOM(60) indicators.

When the price exceeds this basic strategy, proceed with trend trading.

Since the price does not necessarily find support and rise near the HA-Low or DOM(-60) indicators, you must verify whether support is present.

Additionally, because the price can rise above the HA-High or DOM(60) indicators to continue the uptrend, you must also verify support in this case.

Therefore, whenever the price drops below the HA-Low indicator and shows a stepwise decline, check for support near the HA-Low indicator; if it is supported, buy.

Furthermore, when the price rises and then shows signs of falling, sell a portion or 100% to increase your position or realize a cash profit.

However, since the current trading chart is a 1D chart or lower, it is advisable to realize a cash profit if possible.

As the price rises, it will encounter the HA-High indicator or the DOM (60) indicator.

At that point, you must focus on finding a point to realize profits in preparation for a decline.

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If you look closely at the 15m chart above, you should check each indicator during a decline and try to realize profits when such patterns appear.

Even if you bought near the HA-Low or DOM (-60) indicators and the price falls, turning into a loss, there is no need to cut your losses. However, if you have set a high position weight when buying, an appropriate stop-loss is necessary.

This is because you must buy again near the HA-Low indicator, which is encountered whenever the price falls.

Therefore, you must proceed with the trade decisively when the price is near the HA-Low indicator.

1. The StochRSI indicator is showing signs of declining from the overbought zone, and
2. The OBV indicator is located near the Low Line.

Therefore, if the price fails to maintain its current position, there is a high probability of a decline.

Consequently, you must examine whether the price can find support around 462.59 and rise.

If you were unable to buy near the HA-Low indicator, you should proceed with the purchase after confirming support when the price falls to the HA-Low indicator area.

At this time,
1. The StochRSI indicator must show an upward trend, and
2. The OBV indicator must show signs of rising above the High Line. This is because if you fail to do so, there is a high probability that the price will feign an upward trend only to fall.

Therefore, you can choose whether to react quickly by observing the movement when you bought near the HA-Low indicator, or to take a longer-term view.

If you bought knowing that a quick response is necessary, you must respond quickly, even if it results in a small profit.

If you adhere to this point, I believe you can achieve consistent profits.

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When the Price Channel HH indicator forms a horizontal line, it can serve as a support and resistance point.

If the Price Channel indicator disappears, there is a high probability that price fluctuations will occur; therefore, you need to focus on finding a selling point when the Price Channel HH indicator reappears.

This is because the Price Channel HH indicator represents a high point.

Conversely, since the Price Channel LL indicator represents a low point, you need to focus on finding a buying point when the Price Channel LL indicator disappears and then reappears. The Price Channel LL indicator can also act as a support and resistance point when it forms a horizontal line.

Although not activated on this chart, the StochRSI 20, 50, and 80 indicators, as well as the OBV High and OBV Low indicators, can also act as support and resistance points when they form a horizontal line.

However, since these indicators were created to allow for more intuitive verification of auxiliary indicators like StochRSI and OBV, it is best to interpret them accordingly.

In other words, if the price rises after being located below the StochRSI 20 indicator, it should be considered that the price has moved out of the oversold zone, and appropriate action should be taken.

Conversely, if the price rises above the StochRSI 80 indicator, it should be considered that the price is in the overbought zone, and appropriate action should be taken.

If the price shows signs of finding support near the StochRSI 80 indicator, it implies a higher probability of reaching a new short-term high.

The OBV High and OBV Low indicators are interpreted using the same concept as the StochRSI 80 and StochRSI 20 indicators.

In other words, if the price is maintained above the OBV High indicator, it can be interpreted as meaning that buying pressure is strong, suggesting a high probability of further upward movement.

Conversely, if the price is maintained below the OBV Low indicator, it can be interpreted as meaning that selling pressure is strong, suggesting a high probability of further downward movement.

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Looking at the chart above, you can see that the Price Channel HH indicator has disappeared above the current candle.

Therefore, it can be said that the likelihood of a change in the high point has increased.

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Although the OBV indicator showed a downward trend as it fell below the High Line, it is now showing an upward trend as it maintains a level above EMA 1.

If the OBV indicator is located within the range between the Low Line and the High Line, it is advisable to interpret it as being in a sideways trading zone.

To break out of this sideways zone and form a trend, the OBV indicator must either fall below the Low Line or rise above the High Line.

In this sense, we need to examine whether the OBV indicator can rise above the High Line while receiving support around 64058.15 and rising.

The disappearance of the Price Channel HH indicator can be interpreted as an increased likelihood of fluctuation at the high point.

The StochRSI indicator is showing a downward trend within the overbought zone.

Therefore, the key factor is whether support is maintained around 64058.15.

If the Price Channel HH indicator reappears regardless of whether the price rises or falls, it is important to check for support near that point.

Generally, when the Price Channel HH indicator appears, there is a possibility of encountering resistance, so you should prepare a response plan for this.

When the price shows signs of support at 64058.15,

1. If the StochRSI indicator turns bullish, and
2. If the OBV indicator rises above the High Line and maintains that level,

it is expected to lead to an attempt to rise to around 65776.47.

If the rise fails, you must check for support around 62793.20.

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และใน:

การนำเสนอที่เกี่ยวข้อง

Check if it can receive support and rise around 62793.20

โดย readCrypto

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และใน:

การนำเสนอที่เกี่ยวข้อง

Check if it can receive support and rise around 62793.20

โดย readCrypto