Support zone: 3025.27-3321.30

13 Apr

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(ETHUSDT 1D chart)

No matter what the trend of the 1M and 1W charts is, I believe that the movement in the short term is dominated by the trend on the 1D chart.

It appears that the current BW indicator has touched the lowest point of the oversold range.

However, since it has not yet reached the horizon, we need to watch the movement of today's candles.

This volatility period runs until April 13th, so you need to check where the candle closes today.


The 3025.27 point is the HA-High indicator point on the 1W chart, and the 3321.30 point is the HA-High indicator point on the 1M chart.

Therefore, the key is whether it can be supported and rise around 3025.27-3321.30.


If it falls to around 3025.27, you should check whether a new HA-Low indicator is created.

If a new HA-Low indicator is created, an important factor is whether it receives support around it.


Have a good time.
thank you

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- The big picture

The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.


#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.

Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.

#BTCUSD 1M

If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55

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