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Split buying range: Around the 12.840-15.866 range

readCrypto Mod Updated   
BINANCE:LINKUSDT   ChainLink / TetherUS
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(TradingView LINKUSD 1M Chart)
The important zones for the current price position are 13.49 and 24.02.


(1W chart)
The important area for the current price position is 19.36.


(1D chart)
The important zones for the current price position are 13.83 and 19.50.


Summarizing the important sections above,
1. 13.49-13.83;
2. 19.36-19.50;
3. 24.02
This applies to sections 1-3 above.

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(Binance LINKUSDT 1M Chart)
HA-High indicator: 23.976


(1W chart)
HA-High indicator: 19.340
HA-Low indicator: 6.698

(1D chart)
HA-High indicator: 19.479
HA-Low indicator: 13.795


The HA-Low indicator on the 1D chart is formed at the 13.795 point, so if the price holds above this point, an upward trend is likely.

However, in order to continue the upward trend, the price must rise above the HA-High indicator on the 1D chart, so the price must be maintained by rising above 19.479, which is the current HA-High indicator point on the 1D chart.


If the price rises above the HA-High indicator on the 1W chart or the HA-High indicator on the 1M chart and maintains the price, a full-fledged upward trend is expected to begin.

Accordingly, looking at the current HA-High indicator position, the last time to buy is when it shows support in the 19.340-23.976 range.

In order to buy when supported near the HA-High indicator, you must make a split purchase near the HA-Low indicator.

Otherwise, it is not easy to buy near the HA-High indicator.

The reason is that the HA-High indicator is an indicator that is formed at the highest point.

Therefore, even if you confirm support at the high point, you may not be able to purchase it in the end because you are likely to feel psychologically burdened.


Currently, the box section of the HA-Low indicator on the 1D chart is formed over the 12.840-15.866 section.

Therefore, you should make split purchases when you see support around the 12.840-15.866 range.

The stop loss point for this purchase is when it falls below 12.840 and shows resistance.


Have a good time.
thank you

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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

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


#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are points that are likely to encounter resistance in the future.
We need to see if we can break through these points upward.

Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched.

#BTCUSD 1M
If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern.
1st: 43833.05
2nd: 32992.55

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Comment:

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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