readCrypto

Bitcoin (BTC) - September 26

readCrypto Mod Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
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(BTCUSDT 1W Chart)
The key is whether you can move up along channel 2, which is the uptrend line.

If not, I would expect it to fall to around 15916.68.


Since the RSI and CCI indicators are entering the oversold zone, you need to check where support and resistance are found when the oversold zone is out.



(1D chart)
The key is to find support by moving above the medium-term uptrend line (1) and above 19426.43.

If not, it is expected to decline to the 17659.38-18353.11 section.


The month of September 26th is a period of volatility, so watch out for movement.


After September 21st, the Stoch RSI, RSI, and CCI indicators rose out of the oversold zone, but failed to find support above 19426.43.

The Stoch RSI indicator is showing signs of going down before moving towards the overbought zone.

If the Stoch RSI continues to decline, it is expected that this will lead to further declines.

At this time, it is necessary to check whether it is supported near 18353.11.

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- big picture
I think you need to be supported in the 13K-15K section to gain the strength to rise.

So, whether it rises or falls from its current position, both require a short-term response.

A full-fledged uptrend is expected to begin when it rises above 29K.

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

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** Background color of Long/Short-S indicator: RSI oversold and overbought sections

** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Comment:
(NASDAQ100 1D Chart)
The 10666.6-11169.5 interval is the interval that determines the trend.

Therefore, it is important to be able to support and move up in the 10666.6-11169.5 zone or higher.

In particular, it is necessary to confirm whether it is supported by rising above 11371.9.
Comment:
(BTCUSDTPERP 1h Chart)
Critical Points and Segments
- It is highly likely to show an upward trend when it rises above 20122.5
- 19424.9-19607.9
- 19116.5-19226.9
- 18769.1-18895.1
- 18374.1
- When it falls below 17670.0, it is highly likely to drop to around 15908.2.
Comment:
(BTCUSDT 1M Chart)
The 21475.02 point is the midpoint of the 15916.68-27033.35 section and needs to rise above 21475.02 to continue the uptrend.

section that determines the trend
- 27033.35-29812.52
- 13137.51-15916.68

Therefore, it is expected that the trend will be determined by whether it is supported or resisted in the trend-determining period.


The current section has a long-term trend line passing through it and is located at the high point of 2017-2018.

Therefore, it can be interpreted as an important support and resistance period.



(1W chart)
Comment:
(WEMIXUSDT 1W Chart)
Whether it can move higher than 3.6 is the key.

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WEMIX is a token that requires investment from a long-term investment perspective.

And, it is a token that needs to increase the number of tokens corresponding to revenue, and it is a token that needs attention in recovering the purchase principal.


WEMIX is part of the Klaytn ecosystem as it has not yet proceeded with the mainnet.

Therefore, there is a possibility of being constrained in expanding WEMIX's coin ecosystem.
Comment:
(BTCUSDTPERP 1h Chart)
The 120EMA line is equivalent to the 5EMA line on the 1D chart.

So, if you hold the price above 120EMA, it will likely lead to a short-term surge.
Comment:
(US500 1W chart)
The 3762.7 point is the boundary between an uptrend and a downtrend.

So, whether it can move higher than 3762.7 is the key.

The strong support zone is the 2988.5-3236.2 zone.
Comment:
(USDT 1D Chart)

(USDC 1D Chart)


The decline in USDC is more than 4x the rise in USDT.

Since USDC has a lot of money on the US side, it seems that a lot of money has been leaked from US investment companies.


It seems that USDT is a stablecoin that has been widely used in many countries around the world.

Therefore, when USDT is maintained above 62.021B-64.339B and rises above 68.468B, the coin market is expected to show an upward trend.


In any case, it appears that funds have been leaked from the coin market, so you need to be careful with your transactions.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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