Next Volatility Period: Around October 11

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snapshot
It is showing sideways movement around 63118.62-64000.0.

Therefore, if it breaks out of this area,
- 65920.71-67614.25 when up
- 60672.0-61099.25 when down
You should check for support around the above area.

The StochRSI EMA is almost approaching the 100 point.

Accordingly, the possibility of volatility is increasing.

As I mentioned in the previous idea, I think we can predict the future trend depending on how the initialization of this StochRSI indicator proceeds.

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(BTCUSDT.P 1h chart)
snapshot
The section that the finger is pointing to is the section that fell below the 5EMA of the 1D chart, then touched the HA-Low indicator and rose.

When it fell below the 5EMA of the 1D chart this time, we need to check whether it touches the HA-Low indicator and rises.

The M-Signal indicator of the 1D and 1W charts is passing through the 60651.2-61149.2 section, so the key is whether it is supported around this area when falling.

snapshot
When rising
1st: 65922.3
2nd: 67612.8-68215.5
You need to check whether there is support near the 1st and 2nd above.

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It is not easy to know whether it will rise or fall right now.

However, you can predict the next support or resistance section depending on how it breaks through the support and resistance points of the 1M, 1W, and 1D charts drawn on the chart.

Therefore, I think it is a good idea to trade with a response strategy for rising and falling from the current position.

For this, you need to have your own trading strategy established.

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(USDT.D 1D chart)
snapshot
USDT dominance is showing a decline in an important section.

Therefore, we need to watch whether it can fall after receiving resistance near the M-Signal indicator on the 1W, 1M chart.

I think that in order for the coin market to show an upward trend, the USDT dominance must show a downward trend.

Therefore, it is expected that we will be able to know whether the coin market can start an upward trend depending on whether the USDT dominance falls below 4.97 and is maintained or shows a downward trend.

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The purpose of adding DMI and OBV is to find out the strength of the trend.

The final formula was changed accordingly.

Based on the 0 point,
- If it rises above 0, it means that the upward force is strong.
- If it falls below 0, it means that the downward force is strong.

The important thing to note here is when it touches the 2 or -2 point.

At this time, you can proceed with a transaction by checking the movement of the BW indicator and StochRSI indicator.

The trading time should be conducted depending on whether there is support at the support and resistance points drawn on the chart.

It is recommended to use the movement of the indicator only as a basis for judging whether it is supported at the support and resistance points.

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Have a good time.
Thank you.

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- ​​Big picture
snapshot
It is expected that the real uptrend will start when it rises above 29K.

The area expected to be touched in the next bull market is 81K-95K.

#BTCUSD 12M
snapshot
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.

We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.

#BTCUSD 1M
snapshot
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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Beyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTDMIHA-MSTechnical IndicatorsindicatorsOn Balance Volume (OBV)tradingstrategyTrend Analysis

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