(XBTUSD 1M Chart) - Big Trend All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different. Likewise, you need to be more careful in your trading, because the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section. This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance intervals to move up to the expected level. The two large resistance sections are sections a and b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
If it rises above the 72104.0 point with this rise, it is expected that it will not fall below the 26K-29K section (maximum 21K section) even if a bear market continues.
If the 38K section is touched, it is expected to lead to a sharp rise.
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We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Catatan
(Market Cap Chart) Check if there is movement in the direction of the golden arrow.
The USDC chart seems to be displaying normally. It appears that a lot of funds have flowed into the coin market through USDC.
Catatan
(BTCUSDT 1h chart) - Short term view (UTC) Three attempts were made to break above the 38150.02 point. On the 3rd attempt, it found resistance at the M-Signal line of the 1M chart and fell.
The 36244.55 point is the low point formed on the 1D chart, and if the price is maintained above this point, volatility is expected around February 4th.
Catatan
(BTCSTUSDT 4h chart) The BTCST chart is a chart that shows movements based on the basic hesitation rate of Bitcoin.
Therefore, it is characteristic that the movement precedes the Bitcoin price volatility.
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