Start of trading: When the candle is a bearish candle
2024-11-12


(Title) Start of trading: When the candle on the 1D chart is a bearish candle

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Hello, traders.

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(SOLUSDT 1M chart)

The point to watch is whether the ATH can be renewed.

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(1W chart)

To do that, the key is whether the uptrend can be maintained above 202.45.

If it falls below 202.45, you need to check whether it can be supported around 147.74-168.41.

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(1D chart)

It has not yet updated the ATH, but it is located in a section where there is no support or resistance point to respond to.

Therefore, it is not easy to trade in this section.

Therefore, when the candle of the 1D chart is a downward candle, you have no choice but to check the support on the 1h chart and trade.

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(1h chart)
The names of indicators that should be considered important on the time frame chart below the 1D chart are displayed.



When the candle of the 1D chart is a downward candle, you can trade depending on whether there is support near BW(100) and BW(0) on the 1h chart (you can use the chart you usually see and trade).

When trading spot, it is recommended to buy when the BW(100) and BW(0) indicators break upward, if possible.

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As the price rises, you start to feel anxious.

If you feel like you are the only one making little profit and you start to feel like you have to buy now, it means that the coin market is approaching its peak.

What do you think?

When the spot market is rising, the number of transactions decreases.

Otherwise, if the number of transactions is increasing, I think it is likely that you are in a state of FOMO.

Therefore, you need to make an effort to find peace again.

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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.

It is expected to touch 81K-95K in the next bull market.

#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 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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