Bitcoin (BTC) - October 6 (check revised flow)
Hello?
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.
As I was in the hospital, I couldn't publish the chart yesterday.
We are trying to publish at the same time as possible, but the time of publication may change for the time being due to slight changes in the medical treatment and treatment situation at the hospital.
Thank you for your understanding.
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It has risen above the long-term uptrend line (1).
We need to see if it can rise along the uptrend line (1).
I think it is only individual traders that are shaken by the current movement.
I'm also feeling bored.
It's boring with the slowing BTC price movement, but I think the overall movement of the coin market is changing so rapidly that the BTC dominance chart is revised.
In order to generate profits in such a market situation, I think it is better to increase the turnover rate while securing extra funds rather than making excessive investments.
Securing funds will create a great opportunity to generate more profits until there is a movement in which prices are going to rise or fall.
You need to watch the movement from around October 8th to around October 17th, and see if it rises along the uptrend line (1) or uptrend line (3).
You also need to make sure you are getting support at 10591.5.
We anticipate that the challenge to the downtrend line (6) or (7) will not be far away, and at this point I think it matters where you get support.
If there is a movement, I will tell you again.
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(USDT Dominance 1D Chart)
It fell below the 4.742 point.
It remains to be seen if it can fall below the 4.511-4.613 range.
In the USDT Dominance Chart, volatility may occur around October 9th (October 8-10).
I think the maximum fluctuation is at the downtrend line (1)-5.003.
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(BTC Dominance 1D Chart)
Due to recent chart revision, the section to watch has changed.
We should check the movement from around October 8th to around November 1st.
The reference interval is 58.912-59.388.
I think there is a possibility that volatility will occur from 56.740 or less to around 63.380 around this reference interval.
I think it is showing a willingness to create a new wave by falling below the longest downtrend line (1).
So, we have to see if we can get resistance at the downtrend line (1) and keep going down.
The downtrend line (2) is the downtrend line created this year, and if it rises above the downtrend line (2), it is expected to accelerate the downtrend throughout the coin market.
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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 generating profit 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.
As I was in the hospital, I couldn't publish the chart yesterday.
We are trying to publish at the same time as possible, but the time of publication may change for the time being due to slight changes in the medical treatment and treatment situation at the hospital.
Thank you for your understanding.
-------------------------------------------------- -----
It has risen above the long-term uptrend line (1).
We need to see if it can rise along the uptrend line (1).
I think it is only individual traders that are shaken by the current movement.
I'm also feeling bored.
It's boring with the slowing BTC price movement, but I think the overall movement of the coin market is changing so rapidly that the BTC dominance chart is revised.
In order to generate profits in such a market situation, I think it is better to increase the turnover rate while securing extra funds rather than making excessive investments.
Securing funds will create a great opportunity to generate more profits until there is a movement in which prices are going to rise or fall.
You need to watch the movement from around October 8th to around October 17th, and see if it rises along the uptrend line (1) or uptrend line (3).
You also need to make sure you are getting support at 10591.5.
We anticipate that the challenge to the downtrend line (6) or (7) will not be far away, and at this point I think it matters where you get support.
If there is a movement, I will tell you again.
-------------------------------------------------- -
(USDT Dominance 1D Chart)
It fell below the 4.742 point.
It remains to be seen if it can fall below the 4.511-4.613 range.
In the USDT Dominance Chart, volatility may occur around October 9th (October 8-10).
I think the maximum fluctuation is at the downtrend line (1)-5.003.
-------------------------------------------------- -
(BTC Dominance 1D Chart)
Due to recent chart revision, the section to watch has changed.
We should check the movement from around October 8th to around November 1st.
The reference interval is 58.912-59.388.
I think there is a possibility that volatility will occur from 56.740 or less to around 63.380 around this reference interval.
I think it is showing a willingness to create a new wave by falling below the longest downtrend line (1).
So, we have to see if we can get resistance at the downtrend line (1) and keep going down.
The downtrend line (2) is the downtrend line created this year, and if it rises above the downtrend line (2), it is expected to accelerate the downtrend throughout the coin market.
-------------------------------------------------- -------------------------------------------
** 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 generating profit 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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