Bitcoin (BTC) - October 3
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It is holding up well in the decline that started on September 30.
You need to see if you can quickly ascend above the 10591.5 point.
You also need to see if you can climb along the uptrend line (3).
The downtrend line (6) is the trend line drawn on the 1W chart, and if you start to cross this trend line, expectations for an uptrend are expected to grow even higher.
With that expectation, if it crosses the downtrend line (7) and rises above the 11516.0 point, I think there is a possibility that it will rise to the 14K level mentioned previously.
It remains to be seen if it can keep up with the upward divergence.
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(USDT Dominance 1D Chart)
It is rising along the uptrend line (2).
We need to see if we can drop below the 4.742 point.
Volatility is likely until October 3rd, so we need to watch the flow.
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(BTC Dominance 1D Chart)
It remains to be seen if it can fall below the downtrend line (2).
You also need to make sure you can get resistance at 59.659.
From the BTC Dominance chart, I think there is a possibility of volatility around October 6.
We believe that BTC dominance is not related to the BTC price, but is affected by the rise and fall of altcoins.
As the BTC dominance chart was revised, the reference points for the downtrend lines (3) and (4) were removed.
We will have to watch for a few more days to properly reflect this.
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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.
-------------------------------------------------- -----
It is holding up well in the decline that started on September 30.
You need to see if you can quickly ascend above the 10591.5 point.
You also need to see if you can climb along the uptrend line (3).
The downtrend line (6) is the trend line drawn on the 1W chart, and if you start to cross this trend line, expectations for an uptrend are expected to grow even higher.
With that expectation, if it crosses the downtrend line (7) and rises above the 11516.0 point, I think there is a possibility that it will rise to the 14K level mentioned previously.
It remains to be seen if it can keep up with the upward divergence.
-------------------------------------------------- ----
(USDT Dominance 1D Chart)
It is rising along the uptrend line (2).
We need to see if we can drop below the 4.742 point.
Volatility is likely until October 3rd, so we need to watch the flow.
-------------------------------------------------- ----
(BTC Dominance 1D Chart)
It remains to be seen if it can fall below the downtrend line (2).
You also need to make sure you can get resistance at 59.659.
From the BTC Dominance chart, I think there is a possibility of volatility around October 6.
We believe that BTC dominance is not related to the BTC price, but is affected by the rise and fall of altcoins.
As the BTC dominance chart was revised, the reference points for the downtrend lines (3) and (4) were removed.
We will have to watch for a few more days to properly reflect this.
-------------------------------------------------- -------------------------------------------
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.)
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