readCrypto

Bitcoin (BTC) - September 25

readCrypto Mod Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(BTCUSDTPERP 1D Chart)
- If it rises above 20794.4, the main position is 'LONG'.

- The 19424.9-20794.4 section is a quick response section.

- If it falls below 19424.9, the main position is 'SHORT'.


The question is whether the volatility around September 25 (September 24-26) can move above the uptrend line (1).


If it falls below the 17670.0-18374.1 section, it is expected to drop below 15908.2, so you need to think about how to respond.


The Stoch RSI indicator is rising, but the price is showing a downward trend.

Therefore, when the Stoch RSI indicator starts to show a decline and finds resistance near 19424.9, it is expected that it will lead to further declines.



(1h chart)
If it does not fall below the downtrend line (1), it is expected to rise.

Key points of support and resistance that require a quick response
- 20794.4
- 20122.5
- 19424.9
- 18769.1
- 18374.1
- 17670.0


support and resistance
19424.9-19607.9
19116.5-19226.9
18769.1-18895.1

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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
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

(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:
(BTCUSDT 1D Chart)
Whether it can move higher than 29426.43 is the key.

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

[Example of exchange chart setup]

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

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