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The uptrend begins when the MS-Signal indicator rises above

BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT chart)

(1W chart)
Volatility Week has begun.

Therefore, it is necessary to check whether there is a movement out of the 26574.53-32259.90 range in the movement until next week.


(1D chart)
The 28465.36-29330.82 section is an important support and resistance section.

Therefore, if it shows support in this area, it is a buying time.

However, since the volatility week has begun, I think it is better to focus on situation awareness rather than actual trading.

If you bought in the 28465.36-29330.82 section, the first selling section is 29762.38-30495.92.


Important indicators are crossing the 27496.02-28465.36 zone.

Therefore, if it falls below 28465.36, the question is whether it can find support around 26574.53-27496.02.


In order to actually rise, it must rise above the HA-Low indicator and MS-Signal indicator.

Therefore, no matter how much the 28465.36-29330.82 section falls under the buying season, if it does not rise above the MS-Signal indicator, it will eventually show a downward trend.

So, don't be impatient and wait for the MS-Signal indicator to drop or rise above the MS-Signal indicator to show support.

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(BTCKRW chart)
It looks different from the BTCUSDT chart.

Therefore, the possibility of large volatility in the coin market is increasing.

We need to see what it will look like as it passes through the next period of volatility, around August 9-11.


The key is whether movement outside the 37821000-40674000 section can come out.

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- big picture
A full-fledged uptrend is expected to begin when it rises above 29K.

This is the 81K-95K range that we expect to touch in the next bull market.

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** All descriptions are for reference only and do not guarantee profit or loss in investment.

** Even if you know other people's know-how, it takes a considerable period of time to make it your own.

** This is a chart created with my know-how.

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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