readCrypto

BAKKT Bitcoin (BTM1!) - September 24

ICEUS:BTM1!   BAKKT ® BITCOIN (USD) MONTHLY FUTURES
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 range is 10262.5-10247.5. (Not shown on the chart.)

They are getting support at 10247.5, an important point.
We need to see if we can get support at 10247.5 and move above the uptrend line (2) and above 10622.5 points.

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

( CME Bitcoin ( BTC1! ) 1D chart)
Today's gap is 10345.0-10330.0. (Not shown on the chart.)

It fell below the uptrend line (1).
It also fell below the 10460.0 point, an important point.

We have to see if we can quickly ascend above the 10460.0 point.

If it falls from the 10305.0 point, it is expected to touch the 9615.0-9925.0 gap.

In order to turn into an uptrend, it must rise to the 10895.0-11230.0 range, and in particular, it must be supported at 11055.0.

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

I think it is a period of volatility from September 21st to October 1st.
Therefore, I think careful trading is necessary.


** 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

Comments

Good job
Reply
Great set up dude!
Reply
perfect perfect! let's see what we get now.
Reply
Very detailed analysis. Thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out