Bitcoin (BTC) - May 26

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Trend line or point to be supported: Long-term downtrend line (2), 9004 points

Trend line or point where additional upside is possible: Downtrend line (1), 9274 points

Complete downtrend transition point: 8463 or less


After falling repeatedly, it is rising.
It's a good idea to see where the Close is created.

Before we see if we can rise above the downtrend line (1), I think it's better to approach all trading in the short term.


(XBTUSD 1M chart.)

If it closes May at this position, it is expected to close with a rise.

(XBTUSD 1W chart.)

If this week closes from this position, it is expected to end in a downturn.


Looking at the current coin market trend,
BTC's price decline is being adjusted.
Altcoin is on the rise.
USDT dominance is rising.

Accordingly, we believe that careful trading is necessary and short-term trading is necessary.

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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: 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

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코멘트:

(USDT dominance chart.)

We need to make sure that the upward trend can be stopped after around May 27th.