Bitcoin (BTC) - September 29 (Variability Period)
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We have to see if we can get support from the two short-term downtrend lines.
Around September 30 (September 29-October 1) we need to see if we can get support and rise at 10591.5.
If it falls below the uptrend line (3), it is a short-term Stop Loss.
If you touch the downtrend line (7) and fall, you must get support at the uptrend line (3).
If you climb above the 11072.0 point, you need to make sure you get support at the 11072.0 point.
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(USDT Dominance 1D Chart)
It rose with support at the uptrend line (2) and at 4.613 points.
It remains to be seen if it can move below the 4.613 point.
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(BTC Dominance 1D Chart)
We'll see if we get resistance at the 60.998 point and move down, below the uptrend line (5).
If BTC dominance declines whether BTC price rises or falls, the coin market is expected to turn upward.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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 generating profit 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 must trade from a short-term investment perspective.)
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.
-------------------------------------------------- -----
We have to see if we can get support from the two short-term downtrend lines.
Around September 30 (September 29-October 1) we need to see if we can get support and rise at 10591.5.
If it falls below the uptrend line (3), it is a short-term Stop Loss.
If you touch the downtrend line (7) and fall, you must get support at the uptrend line (3).
If you climb above the 11072.0 point, you need to make sure you get support at the 11072.0 point.
-------------------------------------------------- --------
(USDT Dominance 1D Chart)
It remains to be seen if it can move below the 4.613 point.
-------------------------------------------------- ------
(BTC Dominance 1D Chart)
If BTC dominance declines whether BTC price rises or falls, the coin market is expected to turn upward.
-------------------------------------------------- -------------------------------------------
I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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 generating profit 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 must trade from a short-term investment perspective.)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(USDT Dominance 1D Chart)
I think it shows that expectations for a rise are rising across the coin market.
We will see if there is any movement to fill the gap.
In addition, we need to check if the price of the coin market can rise as it declines.