Bitcoin (BTC) – October 4
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We must see if we can ascend above 10591.5 points.
You also need to see if you can climb along the uptrend line (3).
We have to follow the uptrend line (3) to see if it can rise above the downtrend line (7) around October 8.
If it falls, you need to see if you can get support at the short-term downtrend line passing near the 10088.5-10300.0 interval.
If it falls below the 10088.5 point, there is a chance that it will fall near the 9654.5 point.
In order to turn to an uptrend, it must rise above the downtrend lines (6) and (7) and climb to the 11072.0-11244.0 section for support.
Failure to break through the downtrend lines (6) and (7) can eventually continue the downtrend and fall below the 9654.5 point.
(USDT Dominance 1D Chart)
We have to see if we can get below the 4.742 point.
It is marked as rising to a maximum of 5.604 points, so you should check the situation carefully.
( BTC Dominance 1D Chart)
It remains to be seen if it can fall below the downtrend line (2).
There is a possibility of around October 6th , so we think careful trading is necessary.
It is marked as rising to the maximum of 70.252 points, so you should check the situation carefully.
It remains to be seen if it could fall below the 56.740 point for the final gain around October 28th.
If it rises above 63.380 points, altcoins are expected to decline a lot.
Accordingly, it is expected that there will be many altcoins falling below the closing price of March 13, so I think it is necessary to know the current location of the altcoins that you own.
** 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.)