Binance BTCUSDT / Bithumb BTCKRW - October 16

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We have to see if around October 17 (October 16-18) will have a range of 10570.40-11748.20.

It fell on October 16th and fell in the overbought section of the RSI.
So, you need to make sure you get support from 11071.35-11219.81.

Buying increased as it rose to the overbought section of the RSI.
It remains to be seen in this period of volatility whether this trend could explode.

You should see if the Volume increases.

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(Bithumb BTCKRW 1D chart)

It remains to be seen if it will break above the downtrend line (2) and rise above the 13402000 point.

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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 profit generation 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 should trade from a short-term investment perspective.)

Comment:

(OKEX BTCUSDT 1D chart)