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Bitcoin (BTC) - August 7 (1h)

BITMEX:XBTUSD.P   Bitcoin
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It is possible to move toward points 10968 and 13272 based on the 11971-12170 section.

You should see which direction you are heading after the time indicated on the chart.

For more information, please refer to the previous post.


(1D chart)
Even after around August 15th, I think the most important thing is whether the price remains above the 11516.5 point and above the uptrend line (3).
It is also possible to see support at the uptrend line (2) and at 10300.

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** 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: 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

(Short-term Stop Loss is a point where profits can be saved or additionally entered through split transactions. You need to trade from a short-term investment perspective.)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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