readCrypto

BAKKT Bitcoin (BTM1!) - October 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 11405.0-11532.5. (Not shown on the chart.)

I think there is a high possibility of volatility around October 15 (October 14-16).
Therefore, I think careful trading is necessary.

It remains to be seen if volatility can rise above 11770.0 points.
Also, if it falls, you should also touch the uptrend line (5) and see if you can go up.

As volume increases, we have to keep an eye on whether prices can rise.

It seems that expectations for price increase are growing more and more.

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

(CME Bitcoin (BTC1!) 1D chart)
Today's gap is 11410.0-11440.0. (Not shown on the chart.)

We have to see if it can rise above the 11575.0 point.

If it falls, you need to make sure you get support at 11360.0.

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

** 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 profit generation 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: Closed price
G2: 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.