Bitcoin (BTC) – September 19 for BITMEX:XBTUSD by readCrypto

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There are ups and downs, so I think there is a decisive point.
I think this point depends on the psychological factors of individual traders.

In this sense, I think the 11072.0-11244.0 is an important section.
If it rises to 11072.0-11244.0 and gains support, it is expected that altcoins will wriggle and rise first.

(1W chart)

On the 1W chart, there have been sharp rises and falls, and now they are rising above the uptrend line (5).
When you look at all the areas where the uptrend line (5) is generated, you can see that the uptrend line (5) is an important trend line for the price increase of BTC .

BTC price has risen a lot, and it is in a section where it fell after receiving a lot of resistance from the past trend.
I think that in order to rise in this section, more funds must be put in than in the past.
If you look at the USDT chart and USDT dominance chart, you can see that a lot of money has entered the coin market.

I think it’s time to think about what to prepare for the volatility that could start on September 22nd.

(1h chart)

Make sure you are located above the 10968.0 point and above the uptrend line (5) after the time indicated on the chart.

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(USDT Dominance 1D Chart)

We need to see if it can move down along the downtrend line (1).
You should also check if you can deviate from 4.468-4.613.

We will see if volatility can occur around September 21st (September 20-22).

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( BTC Dominance 1W Chart)

It was a week when I started to get out of the oversold section of the RSI .
We need to see if we get resistance at the downtrend line (1) and move down

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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.)