Bitcoin (BTC) – October 21 (Keep the trend)
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If it falls, you need to make sure you get support at 11748.20.
We need to see if it can rise along the uptrend line (3).
If it falls from the uptrend line (3) or (7), it is a short-term Stop Loss.
We need to break above the breakthrough point of 12123.46 and see if it gives altcoins time to rise.
(OKEX BTCUSDT 1D chart)
If it falls, we need to make sure we get support at 11762.7.
From around October 24th, we should also see if it moves up along the uptrend line (2).
If it falls from the uptrend line (2), it is a short-term Stop Loss.
(Coinbase BTCUSD 1D chart)
( BTC Dominance 1D Chart)
It is rising above 61.20 points.
The concentration of funds is being maximized with BTC coins.
You’ll have to keep rising and see if it touches the 63.38 point.
Also, we need to see if it could fall below the downtrend line (3) around October 24th.
In order for altcoins to start rising, it is expected that BTC price must enter the 12K range.
(USDT Dominance 1D Chart)
** 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.