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Technical analysis by readCrypto about Symbol BTC on 5/27/2025

https://sahmeto.com/message/3557142
readCrypto
readCrypto
Rank: 23247
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Hello, traders.Please "Follow" to get the latest information quickly.Have a nice day today.-------------------------------------(BTCUSDT 1D chart)This is the last day of this volatility period.To continue the uptrend, the price needs to rise above at least 109403.63 and hold.If it fails to rise, we need to check if it is supported near 106843.58.And we need to see if it can touch the M-Signal indicator on the 1D chart and rise.If the price is maintained above the HA-High indicator, it is also important to see if the price can be maintained above 106843.58, as there is a possibility of a stepwise rise.The next volatility period is expected to be around June 6.-(30m chart)It seems that the basic trading strategy is being followed faithfully.That is, it is showing a pattern of buying near the HA-Low indicator and selling near the HA-High indicator.Therefore, we need to focus on finding a trading point when the HA-Low or HA-High indicator is touched.However, if it is supported by the HA-High indicator and rises, it is likely to show a stepwise upward trend, and if it is resisted by the HA-Low indicator and falls, it is likely to show a stepwise downward trend.Even so, we must not forget that the end of a stepwise upward trend is a decline, and the end of a stepwise downward trend is an increase.At the current price position, the important points on the 1D chart are 111696.21, 109403.63, and 106843.58.Therefore, when looking at the 30m chart, if the HA-Low and HA-High indicators are generated near the important points above, it is necessary to interpret that point as forming a more important section.In other words, the HA-Low indicator was generated at the 107096.41 point near the current 106843.58 point, and it eventually showed an upward trend.Therefore, if the HA-Low indicator is newly generated as the price falls, you should check if there is an important point near it.Otherwise, if it touches the existing HA-Low indicator point of 107094.41 again, it is more likely to fall because it touches the second time, so you need to be careful when trading.This means that the HA-Low indicator is likely to rise when it is first generated, and is likely to fall when it touches the second time.Conversely, the HA-High indicator is likely to fall when it is first generated, and is likely to rise when it touches the second time.Since the interpretation of the indicator is not 100% applicable, you should check the support and find the trading point.-Thank you for reading to the end.I hope you have a successful trade.--------------------------------------------------- ​​This is an explanation of the big picture.(3-year bull market, 1-year bear market pattern)I will explain more details when the bear market starts.------------------------------------------------------#BTCUSDTAs the volatility period ends, it is showing a downward trend below the previous record (ATH).Since the HA-High indicator is showing a trend of being created at the 108316.90 point, it can be said that the key is whether there is support near 108316.90.From a trend perspective, we need to see if the price can be maintained above the M-Signal indicator on the 1D chart.If it falls below the M-Signal indicator on the 1D chart, it is likely to turn into a short-term decline.If it turns into a short-term decline, it is expected to re-determine the trend when it meets the M-Signal indicator on the 1W chart.In summary, the important sections are as follows: - 108316.90-190588.0- 106133.74 (short term trend reversal possible)- 101947.24- 97226.92 (medium term trend reversal possible)The next volatility period is expected to start around June 6th.Accordingly, it is necessary to keep an eye on the trend changes that appear after this volatility period.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$108,915.33
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