readCrypto

BAKKT Bitcoin (BTM1!) - September 15

ICEUS:BTM1!   None
Hello?
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.

-------------------------------------------------- -----

Today's gap is between 10700.0-10692.5. (Not shown on the chart.)

It started to deviate from the downtrend line (3).

We'll have to see if we can get support by climbing above the 10797.5 point that was the previous gap point.

If it falls, we need to see if we can get support at 10622.5.

If you get support in the 10622.5-10797.5 range, I think there is a possibility of volatility around September 18th.
This volatility is expected to range beyond the downtrend line (3)-the uptrend line (1).

-------------------------------------------------- --------

CME Bitcoin (BTC1!) 1D Chart
Today's gap is 10705.0-10750.0. (Not shown on the chart.)

It is breaking through the uptrend line (2).
You need to see if you can get support at the uptrend line (2) and if you can climb along the trend line.

We must see if we can ascend to 10895.0-11230.0.

If it does not fall below the 10670.0 point, it is expected to rise.

-------------------------------------------------- -------------------------------------------

** 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 generating profit 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 must trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening

[Example of exchange chart setup]

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

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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.