2023 Daily Chart Analysis of BTC

Lionj Trading
2 min readSep 21, 2023

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Hello, I’m L.J.

This is a chart analysis dated September 21, 2023. The btc, which continued its upward trend with a time bar, broke the trend line beyond its support point. If you look at this in more detail as a five-part stick, it’s as follows.

20230921 5 min chart of btc

It’s a five-minute stick chart. You can see that the chart is broken. So it’s believed that future expectations can go down to the next support line based on the decline.

20230921 daily chart of btc

The downside is thought to be looking at $25,154 / $19,275 / $16,218. If you overcome this decline, you can see a high rise, but I also think that it may be difficult to expect a big change in the situation where the FOMC results came out as expected.

20230921 hour chart of btc

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