Bitcoin (BTC) - September 2

1 thg 9, 2020

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We need to make sure we can get support at point 11971.0.

You need to watch whether it rises along the uptrend line (2) or rises along the uptrend line (3).

If it falls after touching the 12170.0 point or higher, I think we can expect further gains only if we get support at 11971.0 point.

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(USDT Dominance 1D Chart)

We'll have to see if we can touch the 3.374-3.435 section, falling below the 3.573 point.

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The volatility period I mentioned yesterday seems to have changed due to the gap in USDT dominance.

Volatility was expected around September 4 (September 3-5) as seen in the XBTUSD chart, but this also appears to have changed.
However, I think it is necessary to carefully check the BTC price flow.

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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.)