Bitcoin (BTC) - October 29

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(USDT 1D Chart)

It rose above 68.468B, opening a gap, indicating that money is coming in.

(USDC 1D Chart)

It's a small gap rise, but it's happening and showing that money is coming in.

In USDT and USDC, if the current state is maintained without a fall in the gap, or if the gap rises, I think that the coin rise is highly likely.


(USDT.D 1W Chart)

When USDT dominance declines, the coin market is likely to show an upward trend.

So, the key is whether it finds resistance at 7.27 and continues to move down.

The section where everyone thinks that the fire has started is expected to drop below the 4.97-5.53 section.

So, until then, I think we need to respond from a short-term perspective.

(BTC.D 1W Chart)

- Shows the inflow of money
- USDT dominance shows a decline
However, the reason we need to take a short-term response is because of BTC dominance.

This is because the BTC price is rising, but the BTC dominance is falling, which is why it is believed that funds are being concentrated towards altcoins.

This is because it is believed that this concentration of funds will cause a sharp movement in the BTC price in the near future, which will serve to limit the movement of the entire coin market.

When BTC Dominance drops below the 39.56-40.44 range, we expect the above movement to begin.


(NAS100USD 1D Chart)

The volatility period is October 27-31.

If held above 11373.2, we expect it to move above 11942.9.

(DXY 1D chart)

The key was whether it could receive resistance below 110.330, but it is showing an upward trend without receiving resistance.

The section where the strong dollar can be considered to have begun to ease is when it shows resistance by falling below the 106.130-108.510 section.

Until then, I think we need to respond to the strong dollar.

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(BTCUSDTPERP 1D Chart)

The price needs to remain above the HA-High indicator to continue the uptrend.

So, it just needs to be maintained at 20662.9 or higher.

However, since the resistance section is formed over the section 20794.4-21826.1, it is expected that the upward trend will continue only after it rises above this section.

Therefore, you need to check how it is supported in the 20794.4-21826.1 section.


If it fails to find support above 20662.9 this time, there is a chance for further declines.

However, if the inflow of funds continues, a sharp rise above 21826.1 is expected.


We will not know until the close of this week's candle, but expect the HA-Low indicator on the 1W chart to generate at the 19520.2 point.

Therefore, if it falls below 20122.5, it is expected to decline to around 19520.2.


The next volatility period is around November 10th.


The newly added Volume Oscillator indicator doesn't show an upward trend.

So, I think it's also important to see if it closes by turning on an uptrend.

Secondary indicators should, if possible, be aggregated to determine the reporting situation.

If only one auxiliary indicator is used, it may be interpreted in the wrong direction, so you need to be careful.

Therefore, it is recommended to comprehensively judge the newly added Volume Oscillator and HA SRRC indicators together.



(1h chart)
The trend is expected to continue depending on whether support or resistance is found around the circled area.

If it fails to move higher, the key is to find support above the uptrend line (1).

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- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.

So, whether it rises or falls from its current position, both require a short-term response.

A full-fledged uptrend is expected to begin when it rises above 29K.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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تعليق:

(USDC 1D Chart)

The chart has been updated.
A gap drop is expected to occur.

تعليق:

(BTCUSDT 1D Chart)

The M-Signal in 1M chart indicator has been added so that long-term trends can also be checked on the 1D chart.

This addition will take effect from tomorrow's idea.

تعليق:

(ATOMUSDT 1D Chart)

You can see that the M-Signal line of the 1M chart is passing near 15.837.

Therefore, if the price is maintained above 15.837, it can be interpreted that the possibility of a surge is high.

تعليق:

(TRXUSDT 1D Chart)

It rose above the M-Signal line on the 1M chart, failing to hold the price, and plunging sharply on June 13th.

And so far, it has been showing signs of moving sideways.

If it rises this time and the M-Signal line of the 1M chart rises and maintains the price, if it fails, there is a possibility of a sharp drop that breaks the current sideways section.

If the uptrend is successful, the same sharp movement as before is expected.