CME Bitcoin (BTC1!) - October 9

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Today's gap range is 10955.0-10950.0. (Not shown on the chart.)

We have to watch for volatility in the 10670.0-11230.0 interval around October 12 (October 9-13).

You have entered the critical section 10895.0-11230.0, and you need to make sure you can get support.

If the October 9 closing price is generated above the 11055.0 point, I think there is a possibility to challenge the downtrend line (4) or (3) between October 12 and 13.

I think the most important thing is whether you are supported at 10895.0 points in your current position.
Therefore, if it falls from the uptrend line (1), it is a short-term Stop Loss.

If you are holding the price above the 10460.0 point, we believe that further price increases are possible at any time, so careful trading is necessary.

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(BAKKT Bitcoin (BTM1!) 1D chart)

Today's gap is 10915.0-10950.0. (Not shown on the chart.)

We have to see if we can climb above 11087.5 points to fill the previous gap.

You also need to see if you can gain support and climb in the base line.

You can touch the M-Signal line as a reversal for rising.

To eliminate this inversion, the volume must be increased.

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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.

GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening