The key is whether it can rise above the M-Signal of 1M chart
2025-02-04
Category: None


(Title) The key is whether it can rise above the M-Signal of 1M chart
(Example of a trading strategy when trading spot)

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(ETHUSDT 1D chart)

The key is whether it can rise above the MS-Signal (M-Signal on the 1D chart) indicator after receiving support near the M-Signal indicator on the 1M chart.

If it fails to rise above 2879.90, it is likely to fall to around 2316.10-2513.01.

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In order to trade, you need to check the support and resistance points when it rises above at least the 5EMA+StErr indicator and shows support.

In other words, it is expected that it will be important whether it is supported near 2879.90.

In order to turn into an uptrend, the price must rise above the M-Signal indicator on the 1D, 1W charts and maintain the price.

Based on the current position, it seems that it will be possible only if it rises above 3136.41.

However, since the 3265.0-3321.30 section is an important support and resistance section, it is expected that the uptrend will continue only if it rises above this section.

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If you have selected support and resistance points, you should consider whether you can create a trading strategy near that point.

The indicators suitable for creating a trading strategy are the HA-Low indicator and the HA-High indicator.

Since it is currently located within the box section of the HA-Low indicator, you can create a trading strategy when it receives support near the upper point of the box and rises.

The box section of the HA-Low indicator is 2125.01-2921.0.

Accordingly, you can see that it corresponds to an important point around 2879.90.

Then, you can respond depending on whether there is support in the M-Signal indicator of the 1D, 1W chart or the 3265.0-3321.30 section.

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Spot trading is a place where you can get new opportunities when it falls.

However, if the investment period is short or less, you do not need to set up a trading strategy because you have to make profits while you are making profits.

However, if you are trading for a short or longer investment period, you can sell some of the amount corresponding to the purchase principal and buy back the amount sold when the price falls to increase the holding amount.

On the other hand, there is also a method of selling some of the purchase principal when the price rises after buying and buying back when the price falls.

However, there is a risk because it can rise before buying again when it is on an upward trend.

Therefore, when trading in the spot market, the time of decline is an important time to create a trading strategy, and you have to trade very busily.

If you sell all the amount corresponding to the purchase principal in this way, only the number of coins (tokens) corresponding to the profit will remain, so from then on, you will have pure coins (tokens) with an average purchase price of 0.

I think that increasing the number of coins (tokens) is a good trading method for long-term investment in the spot market.

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You should always hold about 20% of the total investment amount in cash.

This is because you can get a good opportunity when a large volatility like this occurs.

If you do not have cash, you must sell a certain amount to secure cash.

Even if you are losing money in the spot market, if you increase the amount held by selling and then buying as above, you can convert it into profit more quickly.

In my chart, the MS-Signal (M-Signal on the 1D, 1W, and 1M charts) indicator, which is a trend indicator, is important.

We need to observe in real time to see how to utilize this.

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Thank you for reading to the end.
I hope you have a successful trade.

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- ​​Big picture
I used TradingView's INDEX chart to check the entire range of BTC.

(BTCUSD 12M chart)

Looking at the big picture, it seems to have been maintaining an upward trend following a pattern since 2015.

In other words, it is a pattern that maintains a 3-year upward trend and faces a 1-year downward trend.

Accordingly, the upward trend is expected to continue until 2025.

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(LOG chart)

Looking at the LOG chart, we can see that the upward trend is decreasing.

Accordingly, the 46K-48K range is expected to be a very important support and resistance range from a long-term perspective.

Therefore, we expect to see prices below 44K-48K in the future.

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The Fibonacci ratio on the left is the Fibonacci ratio of the uptrend that started in 2015.

In other words, it is the Fibonacci ratio of the first wave of the uptrend.

The Fibonacci ratio on the right is the Fibonacci ratio of the uptrend that started in 2019.

Therefore, this Fibonacci ratio is expected to be used until 2026.

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No matter what anyone says, the chart has already been created and is already moving.

It is up to you how to view and respond to it.

Since there is no support or resistance point when the ATH is updated, the Fibonacci ratio can be appropriately utilized.

However, although the Fibonacci ratio is useful for chart analysis, it is ambiguous to use it as a support or resistance.

This is because the user must directly select the important selection points required to generate Fibonacci.

Therefore, since it is expressed differently depending on how the user specifies the selection points, it can be useful for chart analysis, but it can be seen as ambiguous for use in trading strategies.

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

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