Bitcoin (BTC) - September 20

Updated
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(BTCUSDT 1W Chart)
snapshot
Whether or not it can move higher than 22579.68 is the key.

To do so, it is necessary to check whether the price can rise above 19695.87 and be supported.



(1D chart)
It is necessary to check whether it can be supported in the section 19426.43-1995.87.

Primary resistance: 19946.21-20285.73
Secondary resistance: 20798.16-218383.98

- Conversion to an uptrend: Rise above 19695.58 (above the HA-Low indicator),
- To continue the upward trend: rise above 20798.16 (above the HA-High indicator)


When the Stoch RSI indicator moves out of the oversold zone, it is important to find support and resistance at the point.


If the CCI line remains above the EMA line, it is expected to maintain an uptrend.


The next volatility period is around September 25th.

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- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.

So, whether it rises or falls from its current position, both require a short-term response.

A full-fledged uptrend is expected to begin when it rises above 29K.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Note
(Nasdaq100 1D Chart)
snapshot
The key is whether it can be supported in 11953.1.
Note
(BTC.D 1D Chart)
snapshot
It touched the 39.56-40.44 section where large volatility was expected and is rising.

If BTC dominance remains above 41.15, it is likely to move towards 43.40.

The only thing that BTC dominance itself can tell is that when BTC dominance rises, funds are concentrated towards BTC.


(USDT.D 1D Chart)
snapshot
When USDT dominance declines, it is highly likely that the coin market will rise.
Note
(TWTUSDT 1W chart)
snapshot
If it is supported and rises in the 0.9480-1.0026 section, it is expected to rise above 1.2023.

However, if it is not supported, there is a possibility that it will fall to the 0.6688 area, so it is not recommended to buy in advance.
Note
In order to be profitable in the coin market, volatility must be high.

Otherwise, you will have a boring market and leave the coin market.

Therefore, increasing price volatility is a great opportunity to seize new opportunities.

If you only have cash, you can seize new opportunities when prices plummet.


If you run out of cash, it may be difficult to withstand the volatility of the price.

No matter how you trade, I think the current price is in a price range that is likely to recover quickly.

Therefore, you need to be careful about stop loss.


If the BTC price fails to rise above 29K, it will eventually be a continuation of a downtrend.

When the BTC price touches the 13K-15K zone and rises, it is expected to stop the downtrend and turn into an uptrend.

So, you need to keep your trading sensible as you trade so you don't run out of cash.


snapshot
If it fails to move above 11953.1 on the Nasdaq100 chart, it is expected to eventually lead to a downtrend, thus entering a period of significant volatility.

Again, when investments in BTC and ETH are launched on the stock market, there is a movement to link them with the index charts on the stock market.

This move will eventually lead to the incorporation of the coin market into the stock market.

Before doing so, you need to maximize the number of coins (tokens) you have to get a big profit before being incorporated into the stock market.

This is because, once incorporated into the stock market, the volatility of the coin market will decrease.


The key is whether you can seize a good opportunity in the upcoming period of volatility.
Bitcoin (Cryptocurrency)BTCBTCKRWBTCUSDBTCUSDTBTCUSDTPERPChart PatternsTechnical Indicatorsnasdaq100Trend AnalysisusdtdominanceXBTUSD

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