Bitcoin CME Futures (BTC1!) - (Let's Cross the Downtrend Line!)
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Bitcoin Halving has about 6 days left.
It is expected that there will be a trend this week to decorate the finale of Bitcoin Halving.
Today's gap occurred between 9340 ~ 9370.
The closing price was created above point 9320.
In order to ascend, you have to get support at 9320 and rise, and you must rise above the trend line (1).
Today is the second day of the flow check.
However, since it broke through the resistance point on the first day and climbed, there was no need to check the flow.
Let's see if you can touch or climb the 9560 point, which is High on April 30th.
You have to watch how much you can rise above RSI 70.
If it falls below the 9180 point, Bitcoin Halving's expectations are expected to decline and fall.
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Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 6 days left.
It is expected that there will be a trend this week to decorate the finale of Bitcoin Halving.
Today's gap occurred between 9340 ~ 9370.
The closing price was created above point 9320.
In order to ascend, you have to get support at 9320 and rise, and you must rise above the trend line (1).
Today is the second day of the flow check.
However, since it broke through the resistance point on the first day and climbed, there was no need to check the flow.
Let's see if you can touch or climb the 9560 point, which is High on April 30th.
You have to watch how much you can rise above RSI 70.
If it falls below the 9180 point, Bitcoin Halving's expectations are expected to decline and fall.
----------------------------------------
Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
