Important volume profile section: 5.163

28 de out.

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(BTC.D 1M chart)

I think that in order for the altcoin bull market to start, BTC dominance must fall below 55.01 and be maintained or continue to fall.

If BTC dominance rises above 62.47, I think that altcoins are likely to show a sharp decline or plunge.

Accordingly, I think that now is not the time to trade altcoins.

To trade altcoins, you need to respond quickly and briefly.

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(RUNEUSDT.P 1M chart)

Since a volume profile section has been formed around 5.163, the point to watch is whether it can receive support and rise around 5.163.

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(1W chart)

In the 4.404-5163 section, the M-Signal of the 1W chart > the M-Signal of the 1M chart, showing signs of transitioning to a regular array.

Accordingly, whether there is support around 4.404-5.163 is an important issue.

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Based on the current price position, since the HA-High indicator of the 1W chart is formed at the 7.683 point, I think that it is highly likely that a full-fledged uptrend (stepwise uptrend) will begin if the price rises above 7.683 and maintains its level.

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(1D chart)

The point of interest is whether it can receive support near 5.421 and rise above 6.605.

If it falls below the 5.050-5.218 range, you should check for support near 4.404.

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Since the StochRSi indicator is located near the 50 point, there is a high possibility of volatility.

Therefore, you should check for support and decide when to trade.

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Have a good time.
Thank you.

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- ​​Big picture

It is expected that the real uptrend will start after rising above 29K.

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

#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 134018.28
151166.97-157451.83 (when overshooting)
5th: 178910.15

These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points.

We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section.

#BTCUSD 1M

If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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