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Bitcoin (BTC) - November 3 (Trend Expansion-9)

BINANCE:BTCUSDT   Bitcoin / TetherUS
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The volatility around November 2nd moved the 13195.05-13830.0 range.
Volatility can also occur on November 3rd, so we believe careful trading is necessary.

I think it's important to get support at the 13500.0 point as long as you have touched the 13970.0 point or higher.

I think it's good to see the flow up to the 13147.08 point.
If it falls below the 13500.0 point, I think a short-term response is necessary with a short-term stop loss.

It remains to be seen if it can rise along the short-term uptrend line (10).

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(Coinbase BTCUSDT 1D chart)
It rose while touching near the 13202.63 point.
We have to see if we can ascend above 13660.56.

If it falls at 13202.63, it is a short-term stop loss.

It remains to be seen if it can rise above 13868.44 points around November 4.
Volatility may occur as it crosses the short-term uptrend line (4).

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(OKEX BTCUSDT 1D chart)
Touching below 13150.0 point and rising.
It has a lower price range than other exchanges.
This seems to be slowing recovery due to OKEX's BTC withdrawal problem.
Accordingly, I think that other exchanges are also affecting.

We must see if we can ascend above 13570.2 points.

If it falls below the 13150.0 point, it is a short-term Stop Loss.

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(BTC Dominance 1D Chart)
We have to see if we can get below the 63.38 point.
Also, watch out if you'll be touching the 64.63 point.

As it has risen above the 63.38 point, altcoins' prices are expected to record a significant decline.

Accordingly, the points of support and resistance must be identified.
It is expected that there will be many altcoins that have already fallen below the short-term Stop Loss point or Stop Loss point.
If you didn't do anything when falling below these points, you need to judge the situation when the BTC dominance is falling below 63.38 and holding it.

If there is a reserve fund by proceeding partial sell-off at the short-term stop loss point and the stop loss point, it is necessary to determine whether to enter further when BTC dominance falls below 63.38 point and remains maintained.

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(USDT Dominance 1D Chart)
Touching above the uptrend line (2) showed a threatening trend.

You have to watch to see if it rises to touch the uptrend line (3).
You should also watch to see if it falls along the uptrend line (2).

The next volatility period is around November 6-11.

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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 profit generation 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.)

GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: closing price when closed
G2: Market price at the time of opening

[Example of exchange chart setup]

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

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