Bitcoin (BTC) - October 31 (Trend Expansion-6)
Updated
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We have to see if we can climb along the uptrend line (10).
If it falls, you need to make sure you get support at 13500.0.
You should watch for any movement that deviates from 12780.96-13970.0.
You should check if it can come out like the flow shown in the wRSI_SR metric.
If possible, I'm looking forward to seeing a rise above the 13970.0 point around November 2.
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(Coinbase BTCUSD 1D chart)
We need to see if we can climb along the uptrend line (4).
You should watch for any movement that deviates from the 12808.0-13868.44 section.
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(OKEX BTCUSDT 1D chart)
We need to see if we can climb along the uptrend line (4).
You should watch for any movement that deviates from 12729.2-13971.4.
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(BTC Dominance 1D Chart)
It remains to be seen if it can drop below the 63.38 point around November 1st (October 31-November 2).
You should see if you are going to touch the downtrend line (3).
If it rises at 63.38, altcoins are expected to record further declines.
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(USDT Dominance 1D Chart)
We need to see if there is any movement outside the downtrend line (1)-(2)
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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 the stock market, 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.
-------------------------------------------------- -----
We have to see if we can climb along the uptrend line (10).
If it falls, you need to make sure you get support at 13500.0.
You should watch for any movement that deviates from 12780.96-13970.0.
You should check if it can come out like the flow shown in the wRSI_SR metric.
If possible, I'm looking forward to seeing a rise above the 13970.0 point around November 2.
-------------------------------------------------- -------
(Coinbase BTCUSD 1D chart)
We need to see if we can climb along the uptrend line (4).
You should watch for any movement that deviates from the 12808.0-13868.44 section.
-------------------------------------------------- ----
(OKEX BTCUSDT 1D chart)
We need to see if we can climb along the uptrend line (4).
You should watch for any movement that deviates from 12729.2-13971.4.
-------------------------------------------------- --------
(BTC Dominance 1D Chart)
It remains to be seen if it can drop below the 63.38 point around November 1st (October 31-November 2).
You should see if you are going to touch the downtrend line (3).
If it rises at 63.38, altcoins are expected to record further declines.
-------------------------------------------------- -----
(USDT Dominance 1D Chart)
We need to see if there is any movement outside the downtrend line (1)-(2)
-------------------------------------------------- -------------------------------------------
** 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 the stock market, 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
Note
(BTC Dominance 1D Chart)(USDT Dominance 1D Chart)
As a sign of abnormalities, sudden movements appeared.
We'll see if it drops to near this point in the future.
Note
(Binance BTCUSDT 1D chart)Since it has touched the 13970.0 point, it is expected that further ascent will be possible only after receiving support at 13500.0.
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