Support and resistance positions are different on the XBTUSD and BTCUSD charts.
I will compare these two charts.
It is a downward trend line that must be supported.
I think it will turn downwards when this downtrend line breaks.
You can touch the upward trend line to climb higher.
However, as stated in the previously published chart, I think the ideal situation is to wait for the price of major and altcoins to rise while the price of BTC is maintained above 10300.
But you can't ignore the flow of the chart, so you have to check how it moves
The key point in the current position is 10300 in XBTUSD and 9837 in BTCUSD.
It is thought that a box section can be created between these two important points.
We don't know how fast Altcoins will rise, but we expect the Alt Bull market to start in earnest as Altcoins rise.
If the price of BTC rises as it is, the next significant point will be at 10748 and 11516.5.
I will compare these two charts.
It is a downward trend line that must be supported.
I think it will turn downwards when this downtrend line breaks.
You can touch the upward trend line to climb higher.
However, as stated in the previously published chart, I think the ideal situation is to wait for the price of major and altcoins to rise while the price of BTC is maintained above 10300.
But you can't ignore the flow of the chart, so you have to check how it moves
The key point in the current position is 10300 in XBTUSD and 9837 in BTCUSD.
It is thought that a box section can be created between these two important points.
We don't know how fast Altcoins will rise, but we expect the Alt Bull market to start in earnest as Altcoins rise.
If the price of BTC rises as it is, the next significant point will be at 10748 and 11516.5.
[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/
