Altcoins, BTC/USD, BTC.D, Technical Outlook, Edition #124 (11/10/2021)

Speculators eager for fresh trading opportunities while Price Action sleeps through the alarm 😪 Q eases into the new weekly session with a refreshed understanding of Saturday's chart forecasts 👇

Traders open the Monday Market while Price Action continues its Weekend Bender

Bitcoin's weekend dance around the Red zone rages into the new Monday trading session as price action continues to flirt with the block of concentrated supply located in the range of USD 55.6K - 58.5K.

Speculators must remain guarded against spontaneous trading decisions in present conditions.

Q’s opening insights for the new weekly trading session ahead remark on updates in the technical forecasts for charts featured in Saturday's Edition #123 of the Technical Outlook:

Qluster Research
Altcoins, BTC/USD, BTC.D, Technical Outlook, Edition #123 (09/10/2021)
Read more

Bitcoin, BTC/USD - Daily (D1)

Re-establishing the perspective…

Bitcoin, BTC/USD - Daily (D1)

Q idealises a buyer’s rebound…

Bitcoin, BTC/USD - Daily (D1)

Monitor price action favourable to bears…

Share


Ethereuem vs. Bitcoin, ETH/BTC - Daily (D1)

Breaking and Closing Above = Bullish 

Ethereuem vs. Bitcoin, ETH/BTC - Daily (D1)

Breaking and Closing Below = Bearish 

Bitcoin Dominance, BTC.D - Daily (D1)


Q's Conclusion

Sitting on hands can yield positives to one's trading purse. 

On this fresh market open, Q finds this a suitable approach as price action unfolds in the week to come. 

Although the boredom is maddening, the restless speculator should seek solace in knowing that the big catch may yet be soon to come. 

See you again for the next update.

- q

Leave a comment


Follow us for more detailed analysis on all markets, including Decentralised technology. Check out the links below

Join our Facebook group and speak with likeminded traders:

https://www.facebook.com/groups/156981244915722

Like our Facebook page for future updates:

https://www.facebook.com/qlusterco

Follow us on LinkedIn for future updates:

https://www.linkedin.com/company/qluster-co/?viewAsMember=true

Keep up with us on Twitter:

https://twitter.com/QlusterC

Share Qluster Research


The information on this website is for general information purposes only. It is not intended as legal, financial and/or investment advice and should not be construed and/or relied on as such. Before making any commitment of a legal and/or financial nature you should seek advice from a qualified and registered legal practitioner and/or financial and/or investment adviser. No material contained within this website should be construed or relied upon as providing recommendations in relation to any legal and/or financial product. Qluster does not recommend and/or endorse products and does not receive remuneration based upon investment and/or other decisions