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Ascending above the uptrend line (5), touch above the 10968.0 point and locate your current position.
You need to follow the uptrend line (4) to see if it can rise around September 20th.
If you show your willingness to rise by continuing to touch the 10968.0-11072.0 section, it is expected to rise above 11516.5 points, breaking the uptrend line (4).
(1D chart)
If you break through 11072.0-11244.0 and get support at 11757.5, you are expected to touch more than 14227.5.
The above estimate is expected to reach the BTC dominance mentioned below while moving sideways in the 56.740-58.020 range.
It is a prerequisite that it does not fall below the 10591.5 point.
If you touch below the 10591.5 point and rise to the rebound, I think there is a high probability that it will touch near the 12308.5 point and turn into a downtrend.
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(USDT Dominance 1h Chart)
After the time shown on the chart, you should see if it falls below the 4.468 point and moves to the 4.163 point.
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(BTC Dominance 1D Chart)
Touching the downtrend line (1) and going down.
We have to see if we can touch the downtrend line (2).
If it moves between the downtrend lines (1) and (2), it goes up or down, needless to say, but I think opinions are divided as it crosses the downtrend line (1)-(2).
I think BTC Dominance just needs to check if it can get resistance at the downtrend line (1).
It is believed that the arrival segment of BTC Dominance is 56.740-58.020.
Between 56.740-58.020, BTC is expected to create a new flow.
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** 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.)
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.
-------------------------------------------------- -----
Ascending above the uptrend line (5), touch above the 10968.0 point and locate your current position.
You need to follow the uptrend line (4) to see if it can rise around September 20th.
If you show your willingness to rise by continuing to touch the 10968.0-11072.0 section, it is expected to rise above 11516.5 points, breaking the uptrend line (4).
(1D chart)
The above estimate is expected to reach the BTC dominance mentioned below while moving sideways in the 56.740-58.020 range.
It is a prerequisite that it does not fall below the 10591.5 point.
If you touch below the 10591.5 point and rise to the rebound, I think there is a high probability that it will touch near the 12308.5 point and turn into a downtrend.
-------------------------------------
(USDT Dominance 1h Chart)
----------------------------------------
(BTC Dominance 1D Chart)
We have to see if we can touch the downtrend line (2).
If it moves between the downtrend lines (1) and (2), it goes up or down, needless to say, but I think opinions are divided as it crosses the downtrend line (1)-(2).
I think BTC Dominance just needs to check if it can get resistance at the downtrend line (1).
It is believed that the arrival segment of BTC Dominance is 56.740-58.020.
Between 56.740-58.020, BTC is expected to create a new flow.
-------------------------------------------------- -------------------------------------------
** 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.)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
