Slowing BTC, day trading period

readCrypto Mod Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT chart)
The next period of volatility is around October 3rd.

Therefore, it is expected that the day trading period will continue until then.

At this time, it is likely that the flow of BTC will slow down and it will not be easy to trade.

Altcoin price increases are likely to occur within a short period of time.

Therefore, I think it is better to trade briefly to prevent losses due to fluctuations.

It is expected that the day trading period will end with BTC showing significant volatility at any moment.

Accordingly, large volatility will occur as the price moves beyond the recently formed lows and highs.

At this time, the key is to respond well, reduce losses, preserve cash, and seize the next good opportunity.


- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.

This is the section expected to be touched in the next bull market, 81K-95K.

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

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

(USDT 1D chart)
The size of the candle is still significantly larger than before.

Accordingly, it can be said that the coin market is still in the period of profit realization.

When looking at the USDT chart, what is important is whether it is rising while creating a gap.

This is because I believe it is evidence that new funds have flowed into the coin market.
(BTCUSDT 1D chart)
It is expected that the selling trend has been confirmed as it rises above the downtrend line and around the M-Signal indicators on the 1W chart and 1M chart.

This confirmation may be a move to prepare for a period of greater volatility to come.

Periods of great volatility can either appear as big declines or big rises.

Therefore, I think you should focus on the fact that it will inevitably decline and respond accordingly to the situation by adjusting your investment proportion.

[Example of exchange chart setup]



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