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Bitcoin (BTC) – September 30 for BINANCE:BTCUSDTPERP by readCrypto

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(NASDAQ100 1D Chart)

The BTC chart is showing a different movement on the Nasdaq100 chart.

Those who trade in the coin market by referring to the movement of charts such as stock market charts (IXIC, NASDAQ100, US500) should be careful as they are decoupled with BTC .

USDC’s stablecoin is recording a gap decline over several days.

Therefore, it appears that a large amount of US funds have flowed out of the coin market, which could result in a greater decoupling than it is now.

Also, this decoupling is likely to remain for the time being, as funds appear to have flowed through USDT’s stablecoin.

However, in the end, the coin market is expected to be unable to escape the downtrend as more money flows out than inflows into the coin market.

The up and down whipsaw is likely to occur frequently as trading volume is expected to decline further due to the outflow of funds.

Therefore, a quick response is required when conducting a transaction.

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( BTCUSDTPERP 1D Chart)

– If it rises above 20794.4, the main position is ‘LONG’.

– The 19424.9-20794.4 section is a quick response section.

– If it falls below 19424.9, the main position is ‘SHORT’.

The key is whether it can find support near 19424.9 and move higher than 20122.5.

If it rises above 20122.5 and is not supported, there is a possibility that it may fall to the 13752.9-15328.7 section, so you need to trade cautiously.

In order to continue the upward trend, it must rise above the HA-High indicator.

So, from the current position, it should rise above 20794.4.

(1h chart)

main section

– 20794.4-21826.1

– 19424.9-20122.5

– 18374.1-18895.1

It is expected that movement will be determined by support or resistance in key sections.

Therefore, it is necessary to respond quickly in major sections.

If it rises along the uptrend line (1), it is expected to rise to around 20122.5.

At this point, the key is whether you can get support.

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– big picture

I think you need to be supported in the 13K-15K section to gain the strength to rise.

So, whether it rises or falls from its current position, both require a short-term response.

A full-fledged uptrend is expected to begin when it rises above 29K .

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** SR_R_C indicators are displayed as StochRSI(line), RSI (columns), CCI (bgcolor).

** CCI indicator is expressed as overbought range ( CCI > +100) and oversold range ( CCI < -100).

(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.)

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