Bitcoin (BTC) – Sep 11 (1h)
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Touching the downtrend line (6) seems to have initiated the challenge to break the downtrend line (6).
You’ll need to see if you can cross the downtrend line (6) after which of the two time zones shown on the chart.
If you cross the downtrend line (6) in the first hour to come, you need to make sure you get support at 10300.0.
If you cross the downtrend line (6) in the second hour, you should get support at 10088.5.
(USDT Dominance 1D Chart)
We have to see if High can go down.
Also, you need to see if the Heikin Ashi candle body could fall.
** 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.)