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Dear traders, nice to meet you.
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Today's gap is 10815.0-10850.0. (Not shown on the chart.)
We have to see if we can climb above the 10895.0 point.
You should also watch if it could rise above the uptrend line (2) and the 11055.0 point.
If you decline and get support at 10670.0, you need to see if you can move up around the 2nd of October along the uptrend line (1).
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(BAKKT Bitcoin (BTM1!) 1D chart)
Today's gap is 10795.0-10877.5. (Not shown on the chart.)
You need to make sure you can get support at the previous gap point, 10767.5.
You also need to see if you can gain support and rise at the uptrend line (2) or at 10622.5.
You'll also have to watch the climb above 10927.5 points to fill the previous gap.
The important points in our current location are the 10622.5 and 11055.0 points.
We have to watch where we are going beyond.
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I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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
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.
-------------------------------------------------- -----
Today's gap is 10815.0-10850.0. (Not shown on the chart.)
We have to see if we can climb above the 10895.0 point.
You should also watch if it could rise above the uptrend line (2) and the 11055.0 point.
If you decline and get support at 10670.0, you need to see if you can move up around the 2nd of October along the uptrend line (1).
-------------------------------------------------- ---------
(BAKKT Bitcoin (BTM1!) 1D chart)
You need to make sure you can get support at the previous gap point, 10767.5.
You also need to see if you can gain support and rise at the uptrend line (2) or at 10622.5.
You'll also have to watch the climb above 10927.5 points to fill the previous gap.
The important points in our current location are the 10622.5 and 11055.0 points.
We have to watch where we are going beyond.
-------------------------------------------------- -------------------------------------------
I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
