We need to see if the volatility around November 2nd (November 1st-3rd) could cause a movement outside the 13500.0-13970.0 range.
Since you have touched the 13970.0 point, if you fall below the 13500.0 point, you are likely to touch the previous high, 13147.08 point or below. Therefore, the 13500.0 point is the short-term stop loss point.
(Coinbase BTCUSD 1D chart) We need to make sure we can get support at 13600.56 by around November 3rd (November 2-4) Expected fluctuation range: 13202.63-14221.94
(USDT Dominance 1D Chart) It remains to be seen if any movement outside the downtrend line (1)-(2) could occur. Expected fluctuation range: 3.760-4.390
** 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 should 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: Closed price G2: Market price at the time of opening
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