The key is whether the upward trajectory can continue

yesterday

Hello, fellow traders.

If you "Follow," you'll always get the latest information quickly.
Have a great day.

-------------------------------------

(BTCUSDT 1D chart)

The price rose after forming a DOM(-60) ~ HA-Low range, and is now forming a HA-High ~ DOM(60) range, showing a upward trajectory.

Trend-wise, a decline below the M-Signal indicator on the 1W chart is likely to initiate a downtrend, and a decline below the M-Signal indicator on the 1M chart is expected to initiate a downtrend.

Therefore, when the price falls to the HA-High ~ DOM (60) range, it's important to identify support and resistance levels formed at the M-Signal indicator on the 1W chart.

-

Therefore, it's important to maintain the price above the 116259.91-119086.64 range.

The next important range is the 104463.99-108353.0 range.

-
To break above these key levels or ranges,
- The StochRSI indicator must be trending upward. If possible, it's best to avoid entering the overbought zone.
- The On-By-Signal (OBV) indicator must be trending upward. If possible, it should remain above the High Line.
- The TC (Trend Check) indicator should show an upward trend. If possible, it should remain above the 0 level.

If the above conditions are met, an upward breakout of the HA-High ~ DOM (60) range is expected.

The next period of volatility is expected around October 14th (October 13th-15th).

-
Thank you for reading to the end.
I wish you successful trading.

--------------------------------------------------

- ​​This is an explanation of the big picture.

(3-year bull market, 1-year bear market pattern)

I will explain in more detail when the bear market begins.

------------------------------------------------------

24 minutes ago

Trade active

#BTCUSDT

If the price falls below the M-Signal indicator on the 1W chart, a downtrend is likely to begin.

If the OBV indicator falls below the EMA 2, further declines are likely.