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Next Volatility Period: Around March 23rd🙏🙏🙏
With this rise, the HA-Low indicator on the 1W chart is showing signs of forming at the 2255.23 level.
Therefore, if the HA-Low indicator forms at the 2255.23 level, it will be important to determine whether support is found near this level.
The current low on the 1D chart is between 1581.94 and 1964.96.
Therefore, if the price declines, we should check for support near the 1581.94 and 1964.96 level.
If the HA-Low indicator on the 1W chart forms at the 2255.23 level, the low on the 1W chart will be between 1597.76 and 2255.23.
Therefore, we should buy when the price shows support in the 1597.76 ~ 2255.23 range.
If the price falls below the 1597.76 ~ 1879.61 range, a medium- to long-term downtrend is likely, so it's best to observe an uptrend in this range if possible.
A full-blown uptrend is likely to begin when the price rises above the M-Signal indicator on the 1M chart. Therefore, we should watch for an upward breakout above the 2419.83 ~ 2706.15 range and a rise above the M-Signal indicator on the 1M chart.
If the price fails to rise, it could fall again to the 1597.76 ~ 1879.61 range, so we should consider a countermeasure.
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The advantage of the coin market is that trading can be done in decimal units.
By trading in decimal units like this, you can quickly increase your coin (token) holdings, unlike in the traditional stock market.
I believe that achieving significant profits in the coin market ultimately depends on how you can increase your coin (token) holdings with limited investment capital.
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Thank you for reading to the end.
I wish you successful trading.$ETH