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BAKKT Bitcoin (BTM1!) - October 13

ICEUS:BTM1!   None
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Today's gap is 11597.5-11510.0.

If it falls, you need to make sure you get support at 11375.0.

We have to see if we can climb above the 11625.0 point.

It remains to be seen if around October 15th (October 14-16) it can rise to the 11770.0-12112.5 section.

If you fall below the downtrend line (4), you need to trade to preserve your profit and loss.

As I said on the XBTUSD chart, you need to check if the Volume is increasing.

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(CME Bitcoin (BTC1!) 1D chart)
Today's gap is 11630.0-11760.0. (Not shown on the chart.)

We have to see if we can climb above the 11575.0 point.
We also have to see if we can quickly climb above the 11895.0 point.

If it falls, we need to see if we can get support at 11360.0.

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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.

GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The 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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