If you "Follow", you can always get new information quickly.
Please click "Boost" as well. Have a nice day today.
-------------------------------------
(BTCUSDT 1D chart) This volatility period is until October 11th.
Therefore, after this volatility period, we need to check in which direction it deviates from the 61099.25-65920.71 range.
Since it shows that funds are flowing in through USDT, if the price maintains above 61099.25, it is expected to lead to an attempt to break through the 64748.70-65920.71 range upward.
If it falls below 61099.25, 1st: 58697.01 2nd: 56204.13 We need to check whether there is support near the 1st and 2nd above.
-----------------------------------------
USDT is showing a gap up.
USDC is showing a gap down.
If we interpret this, we can interpret that there may be a short-term decline, but it will eventually rise.
The reason is that USDT has a broader market than USDC.
In other words, it means that USDT has a stronger influence on the coin market than USDC.
-----------------------------------
(NAS100USD 1D chart) With this rise, the BW indicator seems to have touched the highest point (100).
Therefore, when the candle is created tomorrow, we need to check the price position.
The current key is whether it can rise above 20313.8.
However, since the StochRSI indicator is currently located near the midpoint, there is a possibility of volatility.
Accordingly, we need to check whether the price can be maintained above 19852.4.
------------------------------------
(IBIT 1D chart) We need to check whether the BTC spot ETF is supported near 35.40 and can rise above the 36.32-36.64 range.
If it falls below 35.40, you should check for support near 34.18.
If the price is maintained above the middle point of the parallel channel, I think it is likely to rise.
--------------------------------------
(12M chart) To draw a parallel channel on a 12M chart, - There must be at least 2 bearish candles in an uptrend. - There must be at least 2 bullish candles in a downtrend.
(1M chart) To draw a parallel channel on a chart where waves have formed, we use the StochRSI indicator that was used to draw the trend line.
That is, we capture the trend by specifying the candle at the point where the StochRSI indicator entered the overbought or oversold section and formed a low or high point.
And, the third point of the parallel channel is selected as the lowest or highest point of the wave.
Parallel channels are a tool for analyzing charts, so you can't create a trading strategy with them alone.
Therefore, you definitely need support and resistance points drawn on 1M, 1W, and 1D charts.
(1D chart) The reference line for drawing a parallel channel is line 1.
Therefore, I think that passing line 1 means that there is a possibility of a change in trend.
Therefore, we need to see if the price can be maintained by rising above line 1.
Line 2 is also a reference line, and if it passes this, there is a high possibility of a change in trend.
These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55
-----------------
ملاحظة
I think the size of the candle is caused by the trade.
So what we should be interested in is when the gap occurs.
It looks like there will be another gap down in USDC.
So, we need to be careful about the short-term decline.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.