Bitcoin (BTC) - October 19 (Trend Turn-6)
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It remains to be seen if it can rise above the downtrend line (6).
If it falls, we need to see if we can get support at 11307.84.
In order to turn the trend, it must rise above the 11748.20 point.
You should watch the Volume increase.
If it falls below the 11071.35 point, it is a short-term Stop Loss.
Day 4 out of the RSI overbought zone.
Expect to set direction sooner or later.
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(OKEX BTCUSDT 1D chart)
You need to make sure you can get support at 11381.6.
In order to change the trend, it must rise above 11762.7 points.
If it falls below the 11086.8 point, it is a short-term Stop Loss.
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(Coinbase BTCUSD 1D chart)
You need to make sure you can get support at point 11433.50.
If it falls below the 11068.54 point, it is a short-term Stop Loss.
In order to turn the trend, it must rise above the 11753.85 point.
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(BTC Dominance 1D Chart)
We have to see if we can get off the uptrend line (5).
If it rises along the uptrend line (5) as it is, altcoins are expected to record a large decline.
It is expected that there will be coins that renew the lowest point this year.
If it falls below the downtrend line (1), it is expected that among altcoins, coins that attempt to change the trend will start to appear.
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(USDT Dominance 1D Chart)
You have to see which of the flows shown in the chart will move.
We need to see if there is any flow that deviates from the downtrend line (1)-(3).
For now, it is important to see if it falls below the 4.390 point.
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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 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 remains to be seen if it can rise above the downtrend line (6).
If it falls, we need to see if we can get support at 11307.84.
In order to turn the trend, it must rise above the 11748.20 point.
You should watch the Volume increase.
If it falls below the 11071.35 point, it is a short-term Stop Loss.
Day 4 out of the RSI overbought zone.
Expect to set direction sooner or later.
-------------------------------------------------- -------
(OKEX BTCUSDT 1D chart)
You need to make sure you can get support at 11381.6.
In order to change the trend, it must rise above 11762.7 points.
If it falls below the 11086.8 point, it is a short-term Stop Loss.
-------------------------------------------------- -----
(Coinbase BTCUSD 1D chart)
You need to make sure you can get support at point 11433.50.
If it falls below the 11068.54 point, it is a short-term Stop Loss.
In order to turn the trend, it must rise above the 11753.85 point.
-------------------------------------------------- ----
(BTC Dominance 1D Chart)
We have to see if we can get off the uptrend line (5).
If it rises along the uptrend line (5) as it is, altcoins are expected to record a large decline.
It is expected that there will be coins that renew the lowest point this year.
If it falls below the downtrend line (1), it is expected that among altcoins, coins that attempt to change the trend will start to appear.
-------------------------------------------------- ----
(USDT Dominance 1D Chart)
You have to see which of the flows shown in the chart will move.
We need to see if there is any flow that deviates from the downtrend line (1)-(3).
For now, it is important to see if it falls below the 4.390 point.
-------------------------------------------------- -------------------------------------------
** 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 must trade from a short-term investment perspective.
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