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Bitcoin (BTC) - In which direction the flow will start anew...

BITMEX:XBTUSD.P   Bitcoin
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(1h chart)
It fell below the 10968.0 point before the time indicated on the chart and is currently rising.
You need to see if you can get support above the 10968.0 point and above the uptrend line (5).

In order to continue the uptrend, I think we need to get support at 11072.0-11244.0.

In particular, if it gains support in the 11108.5-11280.0 range, it is expected to rise above the uptrend line (4) in the near future.
When it rises like this, if it rises above 11516.5 points, I think it's important to get support at 11516.5 points.

This is because if it falls at 11516.5 and is supported by the uptrend line (4), it is thought that there is less room for upside.

The critical period on the 1D chart should start around September 22 (September 21-23) and rise above the downtrend line (7) around September 30 (September 29-October 1) to see if it is supported. .

I think there is a high probability of large volatility occurring during this period.
Accordingly, I think it is necessary to trade carefully, and I think it is good to check the support and resistance points or sections of the coins I hold in advance and take appropriate responses.

If it falls below the 9654.5 point, I think it is very likely that it will turn into a downtrend.
A temporary rebound may increase to the 10300.0 point, but is not expected to prevent the downtrend and is expected to decline to near the 7757 point.

If it rises above 11516.5 points and then touches 12308.5 points, it is highly likely that additional gains will come out if it must be supported at 11757.5 points, and it is expected to rise to the maximum of 14K.

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(USDT chart)
(1D chart)
It has remained unchanged on the third day.

(1h chart)
Let's touch the newly drawn uptrend line (1) and see what happens.

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(USDT Dominance 1D Chart)
It remains to be seen if it can fall below the downtrend line (1).
You should also check if you can deviate from 4.468-4.613.
We believe that the USDT dominance must decline to keep the coin market uptrend.

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(BTC Dominance 1D Chart)
It remains to be seen if it can move below the new support and resistance point of 60.998.
If you sideways near the 60.998 point, it seems likely that volatility will occur around October 6.
If volatility occurs, it is expected to touch the 62.072-59.659 range, and if it breaks strongly in this range, I think it is possible to touch the 58.020 or 63.380 points.
It is expected that most altcoins would have to fall below the 60.998 point and move towards the 59.659 point in order to rise.

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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.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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