Important volume profile section: 0.5941
2024-11-11


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(ADAUSDT.P 1M chart)

Important volume profile section is formed in the 0.4346-0.5941 section.

Accordingly, the key is whether it can receive support and rise near 0.5941.

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(1W chart)

Currently, the BW(100) point is formed at the 0.6818 point, so the point to watch is whether it can rise above 0.6818.

To do this, we need to see if it can be supported near 0.5941
1st: 0.6206
2nd: 0.6818
and rise to the 1st and 2nd ranges above.

Since the HA-HIgh indicator and the BW(100) indicator indicate the high point range, if it breaks through this indicator upward and receives support, it is highly likely to renew the high point.

If it fails to rise, it may fall until it meets the HA-Low indicator or the BW(0) indicator, so we need to think about a countermeasure for this.

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(1D chart)

If it is supported near 0.6818 and rises, you should set the target point at around 0.9242 and think about a countermeasure for it.


If it falls below 0.5941, you need to check if the BW(100) line is created.

If the BW(100) line is created, it is likely to lead to an additional decline, so you need to think about a countermeasure for it.

For now, if it falls below 0.5693, I think there could be a sharp decline, so you need to prepare a countermeasure for it.

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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 next expected range to touch is 81K-95K.

#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.

We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.

#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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