Bitcoin (BTC) - September 24
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(USDT Dominance 1D Chart)
Touched the 5.003 point.
It remains to be seen if it can decline near the 5.003 point.
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(BTC Dominance 1D Chart)
Breaking the downtrend line (4), it touched near the 62.321 point.
If it rises above 62.321 points, altcoins are expected to fall further.
We have to see if it could be down below the 61.525 point around September 26th.
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It is supported by the last uptrend line (3) formed from the current position.
If it falls from the uptrend line (3), it is a short-term Stop Loss.
The 10088.5 point is an important volume profile point on the 1M chart, and falling below the 10088.5 point suggests that the downtrend is likely to accelerate.
Accordingly, if it does not rise above 10318.0 points, we believe that there is a high possibility of a decline, and it is necessary to trade to preserve profit and loss.
The 9654.5-10318.0 section is the Fibonacci retracement rate section, and if support is received in this section, there is a possibility that it will rise by up to 12308.5 points.
However, if it falls in the 9654.5-10318.0 section, I think there is a possibility that it will fall below the 8327.5 point.
Therefore, you need to check whether you are supported or not supported in the 9654.5-10318.0 section.
We predict the rise and fall of the BTC price, but I think the movement of the BTC dominance chart is important for now.
Therefore, it is recommended to view the BTC dominance chart together with the BTC price chart.
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(Binance BTCUSDT 1W chart)
We need to see if we can get support and climb in the 10174.18-10589.45 section.
If it falls at 10174.18, I think it's likely to be supported primarily at 9194.71-9419.00.
As of now, the 9419.00 point has never been touched, so the chances of receiving it in the 10174.18-10589.45 range are a bit higher for now.
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(Bithumb BTCKRW 1W chart)
You need to see if you can get support at the uptrend line (1).
If you decline from the uptrend line (1), you are likely to touch 10210500 points or the uptrend line (2).
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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.)
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.
-------------------------------------------------- -----
(USDT Dominance 1D Chart)
Touched the 5.003 point.
It remains to be seen if it can decline near the 5.003 point.
-------------------------------------------------- -------
(BTC Dominance 1D Chart)
Breaking the downtrend line (4), it touched near the 62.321 point.
If it rises above 62.321 points, altcoins are expected to fall further.
We have to see if it could be down below the 61.525 point around September 26th.
-------------------------------------------------- ------------
It is supported by the last uptrend line (3) formed from the current position.
If it falls from the uptrend line (3), it is a short-term Stop Loss.
The 10088.5 point is an important volume profile point on the 1M chart, and falling below the 10088.5 point suggests that the downtrend is likely to accelerate.
Accordingly, if it does not rise above 10318.0 points, we believe that there is a high possibility of a decline, and it is necessary to trade to preserve profit and loss.
The 9654.5-10318.0 section is the Fibonacci retracement rate section, and if support is received in this section, there is a possibility that it will rise by up to 12308.5 points.
However, if it falls in the 9654.5-10318.0 section, I think there is a possibility that it will fall below the 8327.5 point.
Therefore, you need to check whether you are supported or not supported in the 9654.5-10318.0 section.
We predict the rise and fall of the BTC price, but I think the movement of the BTC dominance chart is important for now.
Therefore, it is recommended to view the BTC dominance chart together with the BTC price chart.
-------------------------------------------------- ------------
(Binance BTCUSDT 1W chart)
We need to see if we can get support and climb in the 10174.18-10589.45 section.
If it falls at 10174.18, I think it's likely to be supported primarily at 9194.71-9419.00.
As of now, the 9419.00 point has never been touched, so the chances of receiving it in the 10174.18-10589.45 range are a bit higher for now.
-------------------------------------------------- ----------------
(Bithumb BTCKRW 1W chart)
You need to see if you can get support at the uptrend line (1).
If you decline from the uptrend line (1), you are likely to touch 10210500 points or the uptrend line (2).
-------------------------------------------------- -------------------------------------------
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.)
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