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Today's gap is 9300~9385.
On the XBTUSD chart, it looks a bit more depressed.
This is because I think that I should be supported by the second 9470 out of 9220, 9470, and 9720 to be in the same position as the XBTUSD chart.
(Compare the horizontal spots indicated by sky blue.)
We need to make sure we can get support on the uptrend line (2).
In addition, support is required at point 9220.
What's important in your current position is when it will rise above point 9470.
Since the volatility period is over, I think it is possible to trade to preserve profit or loss or to generate new profits.
However, I don't think BTC is sideways yet, so I think it is necessary to trade carefully.
Since we did not deviate from section A or section B, we believe that both buying and selling are possible.
(1D chart)
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure 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.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Today's gap is 9300~9385.
On the XBTUSD chart, it looks a bit more depressed.
This is because I think that I should be supported by the second 9470 out of 9220, 9470, and 9720 to be in the same position as the XBTUSD chart.
(Compare the horizontal spots indicated by sky blue.)
We need to make sure we can get support on the uptrend line (2).
In addition, support is required at point 9220.
What's important in your current position is when it will rise above point 9470.
Since the volatility period is over, I think it is possible to trade to preserve profit or loss or to generate new profits.
However, I don't think BTC is sideways yet, so I think it is necessary to trade carefully.
Since we did not deviate from section A or section B, we believe that both buying and selling are possible.
(1D chart)
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure 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/
