Bitcoin Futures - October 19

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(1D chart)
It has risen above 11460.0 points, but it has not been kept and is falling.

You need to make sure you can get support at 11460.0.

If the price remains near the 11460.0 point, it is expected to break above the 11516.5 point.

If it falls, we have to see if we can gain support and move up at 11226.5-11306.0.

In order to turn the trend, it must rise above 11757.5 points.


(1h chart) - short-term strategy
The previous short-term strategy ended with a gain of more than 11460.0 points.

Entering SHORT: When rising to the 11460.0-11516.5 section and falling below the 11460.0 point
Target point: 11306.0 points or less
(If you touch the 11362.5 point and there may be a sharp rise, you need to trade carefully when entering the SHORT.

Entering LONG: When falling below 11362.5 point and then breaking above 11362.5 point
Target point: 11516.5 points or more (11666.0 points can be touched)

There is a negative divergence in the wRSI_SR indicator.
Therefore, it can be said that SHORT entry is more advantageous than LONG entry.

If there is no explosive increase in volume, there is a high possibility of continuing a dangerous box section.
Accordingly, careful trading is required.

I think the key to today's strategy is to focus on observing what the flow will look like at 11362.5.

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(CME Bitcoin (BTC1!) 1D chart)
Today's gap is 11360.0-11505.0.

If it falls, you need to make sure you get support at 11360.0.

In order to turn the trend, it must rise above the 11895.0 point.

If it falls below the 11110.0 point, it is a short-term Stop Loss.

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(BAKKT Bitcoin (BTM1!) 1D chart)
Today's gap is 11397.5-11455.0.

We have to see if we can ascend above the 11625.0 point.

If it falls, you need to make sure you get support at 11375.0.

If it falls at 11055.0, it is a short-term stop loss.

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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 this year's lows.

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 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: The market price at the time of opening