Bitcoin (BTC) - Sep 12 (1h)

12 Sep 2020

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This week is not over yet.

After the time shown on the chart of Sept. 12, you still need to make sure you are getting support at 10300.0 and the downtrend line (6).

If it is supported at 10300.0 or at the downtrend line (6), there is a possibility of volatility around September 15th.

If volatility occurs around September 15 (September 14-16), it is expected to be outside the 9617.0-10968.0 range.

We need to see if we can break through the resistance of the uptrend lines (4) and (5) and move up.

If it goes down, it is likely to touch between 9654.0.

(1D chart-showing the points according to the Fibonacci retracement ratio)


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(USDT Dominance 12h Chart)

You'll have to see if it may have fallen below the 4.53 point after the time shown on the chart.
You'll also need to see if it can drop below the 4.468 point.

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** 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.)