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)
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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…


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

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