CME Bitcoin (BTC1!) - October 2 (Variability Period)
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Today's gap is 10645.0-10615.0. (Not shown on the chart.)
You need to make sure you can get support at 10670.0.
We also have to see if it can rise above the uptrend line (1).
It remains to be seen what will happen around October 2nd (October 1-3).
If you keep the price above the 10460.0 point, I think there is a chance it will go up.
It is expected to maintain its current trend until it touches the downtrend lines (4) and (3).
It is moving along the uptrend lines (1) and (2), and is expected to touch the downtrend lines (4) and (3) in the near future.
At that time, we have to see if it will rise above the critical section of 10895.0-11230.0.
If it falls below the 10895.0 point, it is likely to touch the previous gap between 9615.0-9925.0
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(BAKKT Bitcoin (BTM1!) 1D chart)
Today's gap range is 10632.5-10607.5. (Not shown on the chart.)
You need to make sure you can get support at 10622.5.
If you get support at 10622.5, you'll have to see if it will rise above 11087.5 to fill the previous gap.
Volatility is expected around October 2nd (October 1-3), so we think careful trading is necessary.
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About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: Cigar price when opening
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.
-------------------------------------------------- -----
Today's gap is 10645.0-10615.0. (Not shown on the chart.)
You need to make sure you can get support at 10670.0.
We also have to see if it can rise above the uptrend line (1).
It remains to be seen what will happen around October 2nd (October 1-3).
If you keep the price above the 10460.0 point, I think there is a chance it will go up.
It is expected to maintain its current trend until it touches the downtrend lines (4) and (3).
It is moving along the uptrend lines (1) and (2), and is expected to touch the downtrend lines (4) and (3) in the near future.
At that time, we have to see if it will rise above the critical section of 10895.0-11230.0.
If it falls below the 10895.0 point, it is likely to touch the previous gap between 9615.0-9925.0
-------------------------------------------------- -----
(BAKKT Bitcoin (BTM1!) 1D chart)
Today's gap range is 10632.5-10607.5. (Not shown on the chart.)
You need to make sure you can get support at 10622.5.
If you get support at 10622.5, you'll have to see if it will rise above 11087.5 to fill the previous gap.
Volatility is expected around October 2nd (October 1-3), so we think careful trading is necessary.
-------------------------------------------------- -------------------------------------------
About October 28, when maximum volatility is expected to occur, is about a month left.
The most important thing is to generate money, so I think it's time to trade to earn money.
** 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.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: Cigar price when opening
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