• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

68 Trading Plan (October 17 – October 23 2022): Keep waiting for superior possibilities!

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Over the previous week, BTC has fallen heavily soon after the information that the CPI is near to our trading floor. If you can match the obtain purchase, we have a specific volume of revenue. If you have not matched the orders, never fret, the chance will nevertheless be there. In today’s post, we will carry on to prepare a new trading week with each other.

68 Trading Plan (17 / 22-23 / 22 October) – Keep waiting for a superior chance!

Bitcoin (BTC) examination and feedback.

The demand zone of frame W (weekly frame) continues to hold. Although the CPI announced at eight.two% is nevertheless comparatively large, the market place has no longer offered. The rate was pushed down by the sellers, but they straight away reacted by forming a retracted beard.

Related articles

CoinEx: more than trading

CoinEx: far more than trading

November 27, 2023
68 Trading Plan (27 November - 3 December 2023)

68 Trading Plan (27 November – three December 2023)

November 26, 2023
1W chart of the BTC / USDT pair on the Binance exchange, TradingSee screenshot on the evening of October sixteen, 2022

We will switch to the everyday time slot for a superior see of the market place:

Indeed, the D-frame (everyday frame) nevertheless exhibits a incredibly tight side for BTC. Personally, I uncover that the AO (Awesome Oscillator) indicator has commenced to create a signal for the convergence of the fund. The important situation right here is that the rate of BTC will have to fall to generate a decrease reduced than the earlier one particular (opposite to the course of the AO indicator).

1D chart of the BTC / USDT pair on the Binance exchange, TradingSee screenshot on the evening of October sixteen, 2022

A great signal to strengthen the over prepare is that the RSI tends to break out of the downtrend line in the 3D frame.

If you want a lot more than confirmation, you can wait for the RSI to move out of this trend line.

1W chart of the BTC / USDT pair on the Binance exchange, TradingSee screenshot on the evening of October sixteen, 2022

BTC.D (Bitcoin Dominance)

For the previous week we have been waiting for a BTC.D “shake-out”, but that has not took place. This prepare is thus nevertheless legitimate, it will coincide with the time when BTC will be capable to go down in the rate selection 16500 – 17500.

Bitcoin capitalization fee chart versus the whole cryptocurrency market place capitalization (Bitcoin Dominance), screenshot by TradingSee on the evening of October sixteen, 2022

Some promising Altcoins

DYDX

DYDX had a bull run in bracket D and is at this time correcting. The rate spot of ​​1.311 was previously a resistance spot with a false breakout, so I anticipate the rate to come back to check this rate spot, and then carry on to rise once more.

You can view DYDX and wait for reactions in this rate selection in a shorter volume of time to appear for a great setup. I will contact 68 Trade so you can also observe the neighborhood.

1D chart of the DYDX / USDT pair on Binance, a screenshot from TradingSee on the evening of October sixteen, 2022

SOL

SOL also knowledgeable a sturdy downward trend from over. Currently, SOL is approaching the large demand zone (you can observe the earlier rate response with three touches and then a incredibly sturdy uptrend). Therefore, if you are a fan of Solana, you can anticipate to acquire SOL in the 22-24 rate selection for a medium- and extended-phrase holding place.

1D chart of the SOL / USDT pair on Binance Exchange, screenshot from TradingSee on the evening of October sixteen, 2022

Important information

There will not be a good deal of significant information in the coming week that could induce major rate swings. You could recognize the information of October twenty, 2022, when the United States releases the initially information on unemployment claims (twelve:thirty US time). This index will partly present the unemployment problem in the United States and so immediately influence the Fed’s curiosity fee policy.

finish

Above are some trading ideas from my personalized stage of see. Hope you have a further go-to point of view and superior trading subsequent week. Brother never fail to remember Join Coinlive Trading Trade and “coffin” with us!

Maybe you are interested:

Tags: OctoberopportunitiesPlantradingwaiting
Share76Tweet47

Related Posts

Yellen Initiates Debt Cap Measures Amid US Fiscal Concerns

by shark
June 3, 2025
0

US Treasury Secretary Yellen activates debt measures as US approaches $36 trillion limit.

Circle Increases IPO Price Range Amid Strong Valuation Prospects

by shark
June 3, 2025
0

Circle Internet Group raises its IPO price range, aiming for a $7.2 billion valuation amidst strong investor interest, as they...

Next Crypto to Explode: BlockDAG, Avalanche, Sui, and Litecoin Gain Serious Ground

Next Crypto to Explode: BlockDAG, Avalanche, Sui, and Litecoin Gain Serious Ground

by Tommy
June 3, 2025
0

Discover the next crypto to explode as BlockDAG hits $282M, SUI rebounds with ETF hopes, and Litecoin eyes a $500...

Cryptocurrency Giants Transfer $2.7 Billion Bitcoin to Twenty One Capital

by shark
June 3, 2025
0

Tether and Bitfinex transfer 25,812 BTC to Twenty One Capital, led by Jack Mallers.

Binance CEO Proposes Dark Pool DEX to Prevent Front-Running

by shark
June 3, 2025
0

Binance CEO Changpeng Zhao suggests a dark pool decentralized exchange (DEX) to mitigate front-running in the DeFi sector.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Yellen Initiates Debt Cap Measures Amid US Fiscal Concerns
  • Circle Increases IPO Price Range Amid Strong Valuation Prospects
  • Next Crypto to Explode: BlockDAG, Avalanche, Sui, and Litecoin Gain Serious Ground
  • Cryptocurrency Giants Transfer $2.7 Billion Bitcoin to Twenty One Capital
  • Binance CEO Proposes Dark Pool DEX to Prevent Front-Running
  • Coinbase Adds Ethena Token to Listing Roadmap
  • Binance US Lists Hyperliquid’s HYPE Token, Price Surges
  • Strategy Proposes New Stock Offering for Bitcoin Expansion
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7