Checking if the HA-Low indicator is generated at 71058.26Bitcoin / TetherUSBINANCE:BTCUSDTreadCrypto Hello? Nice to meet you, fellow traders. If you "follow" me, you can always get new information quickly. Have a great day. ------------------------------------- (BTCUSDT 1M Chart) Looking at the current price level, you can see that it corresponds to the previous high zone. Therefore, it is evident that the current price level, specifically the range of 57,694.27 to 71,280.01, is a critical zone. - (1W Chart) Currently, the HA-Low indicator appears to be forming at the 71,058.26 point. Accordingly, the key question is whether it can find support and rise within the range of 57,694.27 to 71,280.01. If the HA-Low indicator forms at the 71058.26 point, the DOM(-60) ~ HA-Low zone is formed between 65776.47 and 71058.26; therefore, if the price finds support in this zone, it constitutes a buying opportunity. This is because the DOM(-60) and HA-Low indicators mark the low points. One thing to note here is that the price is located below the M-Signal indicator on the 1M chart. Therefore, it is advisable to proceed with day trading. This is because a drop below the M-Signal indicator on the 1M chart implies a high probability of entering a full-scale downtrend. You can see that a significant uptrend was observed as the Low Line ~ High Line zone of the OBV indicator expanded (forming an ascending channel). Therefore, we need to observe whether it will form an ascending channel and show an uptrend this time as well. To do so, we must verify whether it is showing a sideways movement from its current price position. In this sense, it is the same as what was mentioned in the idea below, "The uptrend in the coin market is expected to start in July." - (1D Chart) Looking at the chart's movement, the basic flow is that if it finds support in the DOM(-60) ~ HA-Low zone and rises, it encounters resistance upon reaching the HA-High ~ DOM(60) zone. However, if it rises from the HA-High ~ DOM(60) zone, there is a possibility of a stepwise uptrend, and if it falls from the DOM(-60) ~ HA-Low zone, there is a possibility of a stepwise downtrend. Therefore, we must carefully observe whether trading is possible when the price is located near DOM(-60), HA-Low, HA-High, and DOM(60). As mentioned earlier, if the price is located below the M-Signal indicator on the 1M chart, it is advisable to proceed with day trading. Accordingly, a full-scale uptrend is highly likely to begin upon breaking upwards from the 78595.86 ~ 89294.25 range. - Looking at it in more detail, - 65776.47 ~ 69000.0, - 69000.0 ~ 71280.01, - 71280.01 ~ 73499.86 The price can be examined by dividing it into the above ranges. Since the HA-Low indicator is currently formed at the 67720.67 and 71058.26 points, you should focus on finding trading opportunities within the 67720.67 ~ 71058.26 range. However, as mentioned earlier, the price is currently located below the M-Signal indicator on the 1M chart, and since there is a possibility of sideways movement until July, position sizing is necessary. - Since the StochRSI indicator appears to have entered the overbought zone, there is a possibility that the upward movement will be constrained. Therefore, we need to confirm whether support is found around the 67720.67 ~ 71058.26 range. To sustain the uptrend, the OBV, BSSC, and StochRSI indicators must show an upward trend. To achieve this: 1. It is desirable for the StochRSI indicator not to have entered the overbought zone. 2. It is desirable for the BSSC indicator to remain above the 0 point. 3. It is desirable for the OBV indicator to remain above the High Line. Therefore, we must also verify whether the above conditions are satisfied when the price rises after receiving support in the 67720.67 ~ 71058.26 range. We need to examine whether conditions for an uptrend can be created as the next period of volatility passes around March 23 (March 22–24). - Thank you for reading to the end. I wish you successful trading. -------------------------------------------------- (The coin market is expected to start its uptrend in July) - - This is an explanation of the big picture. (3-year bull market, 1-year bear market pattern) ------------------------------------------------------