Next Volatility Period: Around October 5th - 10th

10月2日

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The BW indicator is currently leveling off near the midpoint (50).

Therefore, I think it is not suitable to trade around 60672.0-61099.25.

If you want to trade around 60672.0-61099.25 depending on the support, you will need a short and quick response.

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When the BW indicator is leveling off at the lowest point (0) or highest point (100), a BW line is created on the price chart.

I think you can trade more stably by using this BW line as a support and resistance point.

Therefore, you can wait until the next BW line is created or check whether it is supported when touching the previous BW line (61759.99) and then trade.

At this time, the StochRSI indicator is also worth looking at.

Since the StochRSI indicator creates waves in any case, I think it is an indicator worth referring to when trading.

Therefore,
- If the StochRSI indicator rises in the oversold zone and maintains the state of StochRSI > StochRSI EMA, it is a time to buy,

- If the StochRSI indicator falls in the overbought zone and maintains the state of StochRSI < StochRSI EMA, it is a time to sell.

However, you should be aware that since you cannot know the size of the fluctuation range, you may see little profit or even a loss.

To prevent this, you need the support and resistance points drawn on the 1M, 1W, and 1D charts.

Based on these support and resistance points, you should proceed with the transaction depending on whether the movement mentioned above is supported or not.

Then, since you can calculate the approximate fluctuation range, it will be a reference for deciding whether to proceed with the transaction.


Accordingly, if you display the rise and fall range based on the 60672.0-61099.25 section, it will be as shown in the chart above.

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When a new candle is created,
- Whether it will definitely enter the oversold section
- Whether there is a change in the slope of the StochRSI indicator
- Whether the StochRSI EMA falls below the midpoint (50)
You should check whether the above is satisfied and create a response strategy according to the next movement.

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Have a good time.
Thank you.

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- ​​Big picture

It is expected that the full-scale uptrend will start when it rises above 29K.

The next expected range to touch is 81K-95K.

#BTCUSD 12M

1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15

These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.

We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.

#BTCUSD 1M

If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55

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10月3日

註釋

It showed a large decline, so much so that it seemed like there was a gap down of close to 2%.

Rather than finding out the reason, we need to prepare a response to the short-term decline because that much money has flowed out.


Fortunately, USDT has not gapped down, so it is supporting the money that has flowed out to USDC.

Therefore, what we need to do in a short-term decline is to lower the average purchase price for the items (coins, tokens) we hold or find a time to buy to increase the amount we hold.