Bitcoin (BTC) - October 8 (Start of movement!!!)
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We need to see if we can get support around October 8th (October 7-9) and gain support at 10591.5 points and the uptrend line (3).
This volatility is expected to be an opportunity to determine the direction to some extent.
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(USDT Dominance 1D Chart)
We have to see if it declines or rises around October 9th (October 8-10) from the 4.742 point.
If it falls, you should check to see if it falls below the downtrend line (3).
If it rises, you need to see if it is resisting at the uptrend line (2).
In the USDT Dominance chart, I think it is the second period of volatility that occurs in October.
I think careful trading is necessary.
If you can realize some degree of profit and secure liquidity funds, I think that you will be able to get bigger profits when the coin market shows a good trend.
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(BTC Dominance 1D Chart)
We need to see if we can move down along the downtrend line (1).
We have to see if we can sideways down to 58.912-59.388.
During the period of volatility, you should touch the downtrend line (2) and see if it falls.
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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.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if we can get support around October 8th (October 7-9) and gain support at 10591.5 points and the uptrend line (3).
This volatility is expected to be an opportunity to determine the direction to some extent.
--------------------------------------------------
(USDT Dominance 1D Chart)
We have to see if it declines or rises around October 9th (October 8-10) from the 4.742 point.
If it falls, you should check to see if it falls below the downtrend line (3).
If it rises, you need to see if it is resisting at the uptrend line (2).
In the USDT Dominance chart, I think it is the second period of volatility that occurs in October.
I think careful trading is necessary.
If you can realize some degree of profit and secure liquidity funds, I think that you will be able to get bigger profits when the coin market shows a good trend.
---------------------------------------------
(BTC Dominance 1D Chart)
We need to see if we can move down along the downtrend line (1).
We have to see if we can sideways down to 58.912-59.388.
During the period of volatility, you should touch the downtrend line (2) and see if it falls.
-------------------------------------------------
** 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.)
Other content (coins, stocks, etc.) is frequently posted on X.
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