Bitcoin (BTC) -October 16 (Trend Turn-3)
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You need to make sure that you can get support at 11226.5-11306.0, at 11244.0.
I think it is focusing all attention on BTC as a move to pressurize the psychology of traders.
If it is supported at 11244.0, it is expected that a sharp rise is expected in the near future.
We believe 11072.0 is the last support period from the intersection of the downtrend line (6) and the uptrend line (1).
If you touch the section mentioned above, I think you should get a quick and rapid rise.
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(CME Bitcoin (BTC1!) 1D chart)
Today's gap is 11595.0-11610.0. (Not shown on the chart.)
You need to make sure you can get support at 11360.0
The 10895.0-11230.0 section is an important section, and if you fall within this section, there may be a lot of people trying to sell, so keep an eye out.
You'll have to get support in the diamond-shaped section and see if it rises fast.
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(BAKKT Bitcoin (BTM1!) 1D chart)
Today's gap is 11665.0-11600.0. (Not shown on the chart.)
You need to make sure you can get support at point 11392.5.
You also need to see if you can get support on the uptrend line (5) or downtrend line (4).
From the intersection of the uptrend line (5) and the downtrend line (4) to the point of 11392.5, I think it is important to be supported as a support section.
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(USDT Dominance 1D Chart)
We have to watch for volatility around October 17th (October 16-18).
You need to see if it rises above the downtrend line (3) or falls below the downtrend line (1).
The maximum variation is expected to be between 4.163-4.742.
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(BTC Dominance 1D Chart)
You need to touch the downtrend line (2) and see if it can go down.
We also have to see if it could fall below the downtrend line (1).
If it gets resistance at 61.195 and falls along the downtrend line (2), altcoins are expected to rise.
However, as it rises to the 61.195 point, most altcoins are expected to fall after breaking an important support point.
We are in a period of volatility, so we think careful trading is necessary.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to make sure that you can get support at 11226.5-11306.0, at 11244.0.
I think it is focusing all attention on BTC as a move to pressurize the psychology of traders.
If it is supported at 11244.0, it is expected that a sharp rise is expected in the near future.
We believe 11072.0 is the last support period from the intersection of the downtrend line (6) and the uptrend line (1).
If you touch the section mentioned above, I think you should get a quick and rapid rise.
-------------------------------------------------- ----------
(CME Bitcoin (BTC1!) 1D chart)
Today's gap is 11595.0-11610.0. (Not shown on the chart.)
You need to make sure you can get support at 11360.0
The 10895.0-11230.0 section is an important section, and if you fall within this section, there may be a lot of people trying to sell, so keep an eye out.
You'll have to get support in the diamond-shaped section and see if it rises fast.
-------------------------------------------------- ---------
(BAKKT Bitcoin (BTM1!) 1D chart)
Today's gap is 11665.0-11600.0. (Not shown on the chart.)
You need to make sure you can get support at point 11392.5.
You also need to see if you can get support on the uptrend line (5) or downtrend line (4).
From the intersection of the uptrend line (5) and the downtrend line (4) to the point of 11392.5, I think it is important to be supported as a support section.
-------------------------------------------------- ---
(USDT Dominance 1D Chart)
We have to watch for volatility around October 17th (October 16-18).
You need to see if it rises above the downtrend line (3) or falls below the downtrend line (1).
The maximum variation is expected to be between 4.163-4.742.
-------------------------------------------------- ---------
(BTC Dominance 1D Chart)
You need to touch the downtrend line (2) and see if it can go down.
We also have to see if it could fall below the downtrend line (1).
If it gets resistance at 61.195 and falls along the downtrend line (2), altcoins are expected to rise.
However, as it rises to the 61.195 point, most altcoins are expected to fall after breaking an important support point.
We are in a period of volatility, so we think careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
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