10.28 Whale Indicator (predicted USD 1200 rise, congratulations)
2024-10-28

Hello, I'm Whale Signal

Through the last point of view, you were able to predict a 1,200-dollar rise and a 1,900-dollar rise

We will continue to do our best to analyze trends so that you don't miss useful information that can generate profits despite market volatility


First, let's look back on the last analysis

In the last analysis, we said that the support line of the white whale indicator would be an important defense point, but it continued to rise with a press at the hour mark

There was a very slight departure from the first candle, but the opportunity to buy the retest was again offered within the range of the hand's end, and I told you to keep an eye on the 68.5-69K range if the uptrend continues

We explained that this is because this is a section where there is a possibility of disappointing sales if the head-and-shoulder pattern and Dow theory fail to break through the high point

As a result, Bitcoin has seen a sharp decline, leaving a tail around 68.7K

Those of you who have referenced my analysis have the opportunity to expect a return of about $1,200, and if it has helped you with the sale, I would like to congratulate you from the bottom of my heart


Subsequently, a downward break from the support of the white whale indicator at the one-hour bar after receiving resistance led to a drop of about $1,900 in the next candle retest segment

In a previous article, I mentioned a strategy of maintaining a loss line in the event of a departure from the white whale indicator, implementing some blade and main liquidation, and continuing to hold the remaining volume

For those who have sold under this strategy, it is believed that it would have been possible to liquidate the partial day and the main account

However, if further guidance had been made on the support section below, it would have been more profitable

There were some regrets due to the long bottom tail, but as a result, I think we shared a good trading strategy


Let's move on to today's analysis



⚠️Btcusdt - 1H

Bitcoin has been seen going sideways over the weekend in a breathtaking segment

Now, a week before the U.S. presidential election, there is a possibility that there will be a move to confirm the direction in the market

Currently, Bitcoin appears to be forming a convergence pattern

If this convergence is correct that it is progressing, we need to look closely at whether it breaks through the previous high or if it deviates from the previous low or if it can support it without

In particular, if the upper resistance trendline and previous high breakthrough are confirmed, more attention will be paid to the important "core interval" in the whale indicator

This is because we believe that the key section can be an important gateway to open up new market trends in the future

In addition, we will carefully watch for the breakaway from the low, as trading volume has been on the defensive lately, whether it is triangular convergence or not

If the trend continues to break lows in Dow theory, we need to focus on the sell-off segments below

The whale surface area plans to respond flexibly based on specific trend lines in this situation

(I've shared important sales tables that I must check today, so please check them out when you have time.)



*I don't share a point of view. It's a personal opinion, and the whale indicator simply points to support and resistance. I hope you guys take a RBI single through the whale indicator in your analysis*

*For more detailed analysis and real-time updates, please check the real-time chart sharing guide link below*


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1. The whale indicator simply points to support and resistance
2. Please refer to the whale index to find a trading RBI suitable for your analysis
3. The shape of the rod finish is important for whale indicators, so checking the closing rod helps with a stable trading strategy
4. Whale surface intensity is in the order of purple > orange > white, with purple surface indicating the strongest support and resistance