You need to make sure you can get support at 10300.0.
We have to see if it falls below the 10088.5 point after around September 15th. You should also watch the decline along the downtrend line (6), touching the 9617.0 point.
Around September 15th, we need to see whether flows A or B are moving in either direction.
When moving in the A direction, if it falls without rising more than 10591.5 points, I think there is a possibility of falling below 9970.0 points.
Therefore, when moving in the A direction, it must rise above 10591.5 points and be supported.
Moving in direction B, you must gain support and rise at the short-term uptrend line (C).
If you move in direction B and you gain support at the short-term uptrend line (C), you are likely to touch the uptrend line (5) or 10968.0 points.
(1D chart) You need to make sure you get the support at 10318.0, the Fibonacci retracement ratio point.
(1W chart) We need to see if we can get support at 10318.0, the Fibonacci retracement rate point, and can climb above the 10591.5 point, the important point on the 1W chart.
(BTC Dominance 1D Chart) We need to see if we can get resistance at the downtrend line (2) and move down. If you rise above the downtrend line (2), you must make sure you can get resistance at the downtrend line (1).
** 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.)
Catatan
CME Bitcoin (BTC1!)-Sep 14 (1W) Today's gap is 10340.0-10315.0. (Not shown on the chart.)
The 10460.0-10670.0 section can be said to be the section that played the role of resistance.
I think it is necessary to rise above the uptrend line (2) to break through this section.
If it falls to the previous gap, 9615.0-9925.0, a short-term rebound may occur, but it is not expected to lead to an uptrend immediately.
If you look at the 1W chart, you can see that there was a rise and fall once again at the 9180.0 point. Therefore, if it falls below the 9615.0 point, I think it is likely to touch the 9180.0 point.
When can it rise above the 10460.0 point? This seems to be the most important question, and if it doesn't rise quickly, I think it's likely to fall.
Please refer to the contents explained in the XBTUSD chart. It is believed that the flow of the general coin market may fluctuate according to the flow of USDT and BTC dominance, so I think that it should always be viewed with the USDT and BTC dominance chart.
Catatan
(Binance BTCUSDT chart) (1D) (1W) You need to make sure you can get support at 10370.0. Also, we have to see if we can climb above the 10589.45 point. If you don't touch the 10111.0 point, it is expected to rise.
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