readCrypto

Bitcoin (BTC) - September 28

readCrypto Mod Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(BTCUSDT 1W Chart)
Unless it enters a bearish channel, the key is whether it can move higher than 23290.1.

This is an exit from within the medium- to long-term bearish channel and is expected to lead to further gains.


Otherwise, it is expected to decline to the 13121.2-15908.2 section.



(1D chart)
In order to transition into an uptrend, support should be found above the HA-Low indicator, above 19424.9.

If not, there is a possibility that it will fall to the 17670.0-18374.1 section.


The HA-High indicator must be above the HA-High indicator to continue the uptrend.

Therefore, it is necessary to make the HA-High indicator decline by rising to the vicinity of 20794.0, where the HA-High indicator is currently passing, or by shaking it up and down.

Point 21481.1 is one of the important points as the middle point of section 15908.2-27054.1.

Therefore, in order to continue the uptrend, it should rise above the 21481.1-21826.1 section and be supported.


Marked the Fibonacci retracement rate starting to decline at 25K.

At this rate, if it does not rise above 20122.5, it could fall as far as around 13752.9.

Also, if it fails to move above 19424.9, it could move towards the 15908.2 area.


The next volatility period is around October 6-12.

We need to see if we can rise above 20122.5 during the volatility period.

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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 volatility period is until September 29th.

A trend is expected to form outside the 11169.5-11475.5 zone.

However, since the 10666.6-11169.5 section is the section that determines the trend, if it is supported in this section, it is expected to lead to an uptrend.
Comment:
(ETHUSDT 1D Chart)
Fibonacci retracement rate starting at 20K.

If it fails to rise above 1542.32, it is expected to move towards the 796 level.
Comment:
(BTCUSDTPERP 1h Chart)
It is necessary to check whether there is movement between No. 1 and No. 2.

If you deviate from this section, there is a possibility of sudden movements, so be careful.

[Example of exchange chart setup]

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

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