Bitcoin (BTC) - October 25 (trend expansion) (1W)

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(1W Chart) - Full Chart

I think the 13147.08 and 13970.0 points are good resistance points as previous highs for reference.

This is the point that must be broken in order to increase the price range.

If you use a lot of power to break through the 13147.08 and 13970.0 points, you will not be able to increase and decrease.

Therefore, I think it is highly likely that the 14919.51-15459.99 section will appear as a strong resistance section.

The High section is divided by the 11307.84-11748.20 section.
Therefore, if it falls in the 11307.84-11748.20 range from a mid- to long-term perspective, it is a short-term stop loss.

From a mid- to long-term perspective, if it falls below the uptrend line (1), trading to preserve profit or loss should be made.

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(OKEX BTCUSDT 1W chart)

The charting period is short, making it difficult to understand the overall flow.
Accordingly, I think it is necessary to respond by establishing a strategy that follows the Fibonacci retracement ratio.

The high section is divided by the 11651.8-11762.7 section.
Therefore, if it falls in the 11651.8-11762.7 range from a mid- to long-term perspective, it is a short-term stop loss.

From a mid- to long-term perspective, if it falls below the uptrend line (1), trading to preserve profit or loss should be made.

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(Coinbase BTCUSD 1W chart)

I think what is needed to break above the previous highs of 13202.63 and 13868.44 is an increase in volume.

After breaking above the previous high, I think there is resistance near the 14221.94 point and the 15290.0-15790.88 range.

The high section is divided on the basis of the 11433.50-11753.85 section.
Therefore, if it falls in the 11433.50-11753.85 range from a mid- to long-term perspective, it is a short-term stop loss.

From a mid- to long-term perspective, if it falls below the uptrend line (1), trading to preserve profit or loss should be made.

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(BTC Dominance 1D Chart)

We have to see if there is any change in the flow.
We have to see if we can get below the 60.951 point.

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(USDT Dominance 1D Chart)

We'll find resistance at 4.163 and see if we can move below the uptrend line (4).

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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:

(ETHUSD 1D chart)

Comment:

(Binance BTCUSDT 1D chart)

1. Both the highs and lows of the price are rising.
2. Volume is decreasing.
3. The wRSI_SR indicator is rising.

I think we have all the conditions for an uptrend.

If you try to turn to a downtrend,
1. As the volume increases, the price should decrease.
2. The price should drop below the 12780.96 point.
3. The wRSI_SR indicator should drop sharply below 20.