It is supported by the steep uptrend line (8). As the new day begins, it is likely to cross the uptrend line (8).
At this point, if it falls, you need to make sure you get support at 12780.96. If it falls at 12780.96, it is a short-term Stop Loss.
You should also watch to see if it rises along the uptrend line (8). If you climb above the 13147.08 point, I think it's important to get support at the 13147.08 point.
Crossing the uptrend line (8) can cause volatility, so careful trading is necessary.
If you deviate from the uptrend line (8), you are likely to sideways before crossing the uptrend line (7).
(BTC Dominance 1D Chart) Around October 24th (October 23-25), I sideways without any movement. Altcoins prices fluctuate according to the BTC dominance movement, so it is recommended to check frequently.
** 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.)
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