Need to check if the rise can continue

16 ביוני

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(1M chart)

It fell near the Fibonacci ratio 1 (0.13571) and touched near 0.10447 and is currently maintaining the price.

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(1W chart)

The key is which section it deviates from among the support or resistance sections shown on the chart.

The current medium- to long-term trend is maintaining an uptrend, but if it falls below 0.10447, it is judged that it is likely to turn into a downtrend.

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(1D chart)

Therefore, the key is whether the price can be maintained by rising above the sell line of the superTrend indicator.

If not, you should check for support near the box section of the HA-Low indicator on the 1D chart.


You should check whether the price can be maintained by rising above the Fibonacci ratio of 0.786 (0.11732).

The key is whether the price can be formed by maintaining the bottom section near the HA-Low indicator on the 1D chart.

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Have a good time.
Thank you.

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- ​​Big picture

It is expected that a full-scale uptrend will begin when it rises above 29K.

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

#BTCUSD 12M

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

These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.

We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.

#BTCUSD 1M

If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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