Move imminent for BTC?If the trend really is your friend I would expect a big move from BTC any day now looking at the global market cap dominance of BTC over the rest of all other cryptocurrencies.
Unless the bitcoin ETF is denied, or another catalyst comes in to break the momentous BTC dominance trend thats been happening recently.
NFA -Just a friend snapshotting the trend
Btdusdt
BTC buy a bounce up 19800-20000BTC is trying hardly to move over 20300-20500, but buy volume is not there and is getting rejected by resistance and upper board of ascending channel, so whats next move ? I have no idea , but looking at the chart i see a possible move down to 19700-20000 to the lower boarder of the channel where a bounce should happened ; RSI is mix ; 15 M is coming out of overbought curving down, 30 M is curving up going to overbought area and 1 H and 4 H are overbought so difficult to read, in any case a pullback is possible as BTC has been rejected and eventually i would buy a bounce from support channel boarder line around 19800-20000, if the channel will break down trade is invalidated and probably BTC is going to 19500 , if breaks up 20200-20500 clearly the trade is invalidated and will wait next pullback to buy.
I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1
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Bitcoin (BTC) - October 2Hello?
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(BTCUSDT 1W chart) - mid- to long-term perspective
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28130.0-29300.0 Abnormal: Sustainability Sustainability
40100.0-41950.0 Summer: It is expected that it will lead to earnest trends.
46930.0 Points or more: Expected to make new waves.
(1D chart)
First support section: 41950.0-45135.66
Second support section: 38150.02 near the point
First Resistance section: 46487.52-49266.69
Second Resistance Section: 54825.02-56578.21
The first resistance section is an important section to determine the trend.
Therefore, if the first resistance section is raised upward, it is possible to decline near the second support section, if the price is rising and the price is rising or higher than the 50931.30 point, and the price is not maintained, the second support section is 38150.02.
The following volatility period is October 12th.
If you rises from the first resistance section, you think you can continue to rise in the 50931.0 point.
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(BTCUSDTPERP 1D chart)
First support period: 42125.51-45163.36
Second support section: 38200.01 near the point
First Resistance section: 46559.44-49345.92
Second Resistance Section: 54918.88-56630.33
The first resistance section is the important section that determines the trend.
Therefore, if it fails to raise this first resistance section, there is a possibility that it will decline near the second support section 38200.01 point.
If you rising in the first resistance section, you will be expected to raise expectations for the rise if you rising down the decline in the decline (1).
The following volatility period is October 14th.
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To confirm the movement of funds in the coin market, you need to check the movement of the charts below.
BTC Dominance (BTC.D) Chart
USDT Dominance (USDT.D) Chart
USDT Chart
USDC Chart
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(XBTUSD 1M Chart) - Big Trend
All patterns and waves can be known when they are completed, so it is best to conduct a trade that matches your average unit price rather than a trade based on prediction.
Looking at the big picture, I think 4-5 waves are going on.
Depending on how you interpret section A, the wave may be different.
Likewise, you need to be more careful in your trading, as the parts that have not yet been created may have the same flow as section A.
The expected ascent section is near the 80574.0-83397.0 section.
This is an expected value considering the fluctuation range that has risen from the 1st section to the 2nd section.
There are two large resistance zones to move up to the expected zone.
The two large resistance sections are section a and section b.
If it fails to break through section a upward, I think it can represent the same flow as section A.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
BTCUSD Idea 2 slanted INV head&shoulderIf 6300 holds. I see Bulls coming on and commenting and saying...HEY FOOL WATCH THAT WEEKLY SUPPORT
Weekly support did a perfect bounce off the 800 MA. That being said I posted this idea as the weekly to show you what others are telling me to keep in mind.
If so this is a left shoulder or a HEAD on daily