Bitcoin (BTC) - October 22 (Keep the trend-2)
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It remains to be seen if it can break through the 13970.00 point recorded on June 26, 2019 and the 13147.08 point recorded on July 10, 2019.
If you touch 13970.00 and go down, I think you should get support at 13500.00.
If it rises above the 13500.00 point and falls below the 13147.08 point, it is a short-term stop loss.
There are flows drawn on the secondary indicator.
If it turns out different from that, I think it is time to trade to preserve profit and loss.
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(OKEX BTCUSDT 1D chart)
It remains to be seen if it can break through the 13971.4 point recorded on June 27, 2019 and the 13150.0 point recorded on July 10, 2019.
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(Coinbase BTCUSD 1D chart)
It remains to be seen if it can break through the 13868.44 point recorded on June 26, 2019 and the 13202.63 point recorded on July 10, 2019.
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(BTC Dominance 1D Chart)
It can be seen from the BTC Dominance Chart that the coin market funds are concentrated in BTC.
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(USDT Dominance 1D Chart)
There was a trend that deviated from the downtrend line (1)-(3).
You need to make sure you can get resistance at point 4.163.
You also have to watch if you can touch the uptrend line (4).
If the USDT dominance continues to decline in this way, it is expected that the coin market will begin an overall bull market in the near future.
As altcoins' prices have fallen to near the lowest point this year, we must see if they can gain momentum from the upward trend.
I think this is the beginning of the last fireworks show of this year that I mentioned earlier.
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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.)
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.
-------------------------------------------------- -----
It remains to be seen if it can break through the 13970.00 point recorded on June 26, 2019 and the 13147.08 point recorded on July 10, 2019.
If you touch 13970.00 and go down, I think you should get support at 13500.00.
If it rises above the 13500.00 point and falls below the 13147.08 point, it is a short-term stop loss.
There are flows drawn on the secondary indicator.
If it turns out different from that, I think it is time to trade to preserve profit and loss.
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(OKEX BTCUSDT 1D chart)
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(Coinbase BTCUSD 1D chart)
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(BTC Dominance 1D Chart)
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(USDT Dominance 1D Chart)
You need to make sure you can get resistance at point 4.163.
You also have to watch if you can touch the uptrend line (4).
If the USDT dominance continues to decline in this way, it is expected that the coin market will begin an overall bull market in the near future.
As altcoins' prices have fallen to near the lowest point this year, we must see if they can gain momentum from the upward trend.
I think this is the beginning of the last fireworks show of this year that I mentioned earlier.
-------------------------------------------------- -------------------------------------------
** 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:
(BTC Dominance 1D Chart)
The gap range is 59.68-62.35.
The gap has risen when funds are being concentrated in BTC.
Let's see what this means.
It remains to be seen if USDT dominance continues to decline.
The gap has risen when funds are being concentrated in BTC.
Let's see what this means.
It remains to be seen if USDT dominance continues to decline.
[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/
Thank you for your understanding.