$BTC Comments on September 29:
- D1 frame: yesterday's candle was red all day, until the last 30 minutes of the day, the wick was pulled out to create a green doji candle to continue the strong uptrend, however, the weekend volume should be too small. The fact that the BB band is closing shows that BTC's adjustment is still taking place.
- D4 frame: At the end of today, the D4 candle will close, so it will be very important. Currently, this D4 candle is very beautiful. If BTC closes the candle above the 65x zone, we will need to pay attention to the 2 milestones of 647x and 634x of the next D4 candle.
- W frame: At the end of today, the W candle will also close, the W1 candle is also very beautiful. If the next W1 continues to increase or maintain the price above the 65x zone, BTC will officially uptrend according to the W frame (large frame). The worst case is that today, BTC closes the candle below the 635x zone to break the trend, so you should pay attention to setting up all kinds of orders.
- M frame: 2 days from now, M candle will close, according to previous comments, I believe that if BTC wants to uptrend, it will need a strong sign to create a form by closing this month's candle above the 647x or 65x zone, which is very nice.
=> My comment:
- Yesterday, I expected BTC to continue to climb to break the 66450 peak. However, it fell to 662x.
- At the end of the week, it coincides with the end of the month, so most people are very careful with their transactions to wait for a clearer signal at the beginning of the month.
- I believe that whether BTC goes up or down, the 647x mark will still have to be retested, so yesterday I shorted the 658x zone, hoping to earn ~1k for the group.
- As for BTC, I believe that next month it will continue to be green and break the peak if BTC can maintain the ~65x mark. So I will still prioritize the plan or catch longer Long orders.
Good luck to everyone!