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Bitcoin (BTC) - September 30 (Variability Period)

BITMEX:XBTUSD.P   Bitcoin
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You need to see if you can get support at the long-term uptrend line (1).

We have to see if it can rise above the 11072.0 point.
If you have risen above the 11072.0 point, I think it is highly likely that further gains will occur only after receiving support from the base line.

If it falls, you need to touch the 10591.5 point and see if you can climb along the uptrend line (3).

Until it breaks off the downtrend line (7), it can be said to be in a downtrend.
I think the movement around September 30 (September 29-October 1) is important to get out of this downtrend.

I think the most important period of volatility is around October 28 (October 27-29).

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(USDT Dominance 1D Chart)
The gap fell and fell below the 4.613 point.
We have to see if we can get resistance at 4.613 and move down.
You'll also have to watch the climb above 4.742 points to fill the gap.

You should check if you have fallen below the downtrend line (1) after around October 2nd.

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(BTC Dominance 1D Chart)
The gap fell and fell below the downtrend line (2).

Even after around October 6th, it remains to be seen if it is below the downtrend line (2).
You should also check if it is falling near the 58.020 point.

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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.

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.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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