Bitcoin (XBTUSD, BTC1!, BTM1!) - November 11

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(1D chart)

You should check for movements that deviate from the 14838.0-15791.5 zone due to volatility around November 10 (November 9-11).

We have to see if we can get support at 15143.0 and rise above 15568.5.
The 14838.0 point is a possible entry point, but if it falls it is also a short-term stop loss point.
Therefore, careful trading is necessary.


The wRSI_SR indicator (interpreted in the same way as the StochRSI indicator) is entering the oversold section.
As a result, I think that the fluctuation range may increase in the short term.


The Fibonacci retracement ratio is not using the existing one, but changing the ratio value as my style is because it is easier to interpret.

You are not crossing the 15568.5 point, which is the support and resistance test point that must be crossed before ascending to the next leg.
If the rise above the 15568.5 point continues and the failure continues, there is a possibility that it will decline to the previous segment of 13698.0-14321.5.

The two points form a sideways section, and between these sections, the force is stored to see if it is possible to ascend to the next section.
Also, you will see if a fake comes out from a point as a single point.

The division of the section is not accurate, but I think movement is occurring near the divided section or point.

It seems that the appearance that is currently coming out from the 15568.5 point is likely to be a'Pull Back' pattern.
So, we have to see if we can complete the'U'.
If the letter'U' is completed, it is expected to see a surge.
All patterns can be known only after they are completed, so I think the best way to trade is to respond to the movement of the chart.


(1h chart)-short-term strategy
The old short-term strategy is still in effect.
You should check for possible flows outside the range of triangles indicated on the chart.

As the fluctuations are expected to increase, the short term seeing if it deviates from the uptrend line plotted on the current chart, i.e., between the uptrend line (6)-(8) and whether it rises along the upside channel within the uptrend by touching the trendline and falling I think the strategy can be applied.

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(CME Bitcoin (BTC1!) 1D chart)

We need to check for movements that deviate from the 15260.0-15825.0 range due to volatility around November 11 (November 10-12).

You also have to watch if you can move up along the uptrend line (7).

You can gain support and climb in the 14345.0-14970.0 range, so you need to trade carefully.

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(BTC Dominance 1D Chart)

You should check if there is any movement that deviates from the 64.70-66.39 range due to volatility around November 11 (November 10-12).
We also have to see if we can get below the 63.38 point.
If it falls below the 63.38 point, I think altcoins are likely already on the uptrend.

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(USDT Dominance 1D Chart)

You should check for any movement that deviates from the 3.760-4.390 segment between 7-12 November.

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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 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 should trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closed price
G2: Market price at the time of opening

Comment:

(BAKKT Bitcoin (BTM1!) 1D chart)

You should check for any movement that deviates from the 15320.0-15699.0 segment.