readCrypto

Bitcoin (BTC) - October 27

readCrypto Mod Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(USDT.D 1D Chart)
When USDT dominance declines, the coin market is likely to show an upward trend.

So, the question is whether we can find resistance at 7.27 and move below 6.90.


(NAS100USD 1D Chart)
If held above 11373.2, we expect it to move above 11942.9.

The volatility period is October 27-31.

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(BTCUSDTPERP 1D Chart)
The price needs to remain above the HA-High indicator to sustain the uptrend.

So, it just needs to be maintained at 20662.9 or higher.

However, as the resistance section is formed over the 20794.4-21826.1 section, it is expected that the upward trend will continue when it rises above this section.

Therefore, you need to check how it is supported in the 20794.4-21826.1 section.


If it falls below the HA-High indicator, it is expected to fall below 20122.5.


The section 21481.1-21826.1 is a section where you can proceed with breakout trading.


It's also a good idea to check if the newly added Volume Oscillator indicator closes in an uptrend.


The next volatility period is around November 10th.



(1h chart)
If it rises from the 20662.9-20794.4 section, it is likely to rise to the 1.618 (21331.3) ~ 21481.1 section.


If it declines, it is expected to decline to around 20122.5.


The trend is expected to continue depending on whether support or resistance is found around the circled area.

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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.

** 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:
(BTCUSDTPERP 1h Chart)
The first hurdle started as the MS-Signal indicator rose.

It is necessary to confirm whether it will rise or fall based on the 20662.9 point.

[Example of exchange chart setup]

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

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

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