It is expected that the closing price will be generated below the 7060 point without moving in the flow mentioned previously.
From the 5th of April, it began to enter the sphere of influence of the short-term uptrend line (5) shown in the chart.
You'll have to make sure it's quickly rising to the 7060 point, but it's not expected to rise easily.
If supported at 6784, it is expected to meet the uptrend line (5) around April 12th. At this point, you need to make sure you can get support.
You are currently touching 20EMA. You need to see if you can get support and rise at 20EMA.
In the medium to long term, I think that falling below the uptrend line (5) can turn into a downtrend. Accordingly, I think we should respond to the preservation of profits.
The slightly different support and resistance points on the XBTUSD 1h chart and the 1D chart is because the 1h chart contains the points needed for short-term responses.
The points shown in the 1D chart are marked from mid- to long-term perspective. As I said before, the 6784 point is a turning point for the upward trend.
The situation is showing more declines than expected. Still, I think it's still sideways.
I think it will be a weekend that expects the support of the last uptrend line (5).
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[From April 9th] From April 10th to April 17th (9th-18th), it is expected to be the most important period in the 7K range, and it is expected to be sideways. In the middle, you need to check that you can touch or climb the 7757 point around April 14th (13th-15th). If you touch or rise to point 7757 during this period, the trend check for the critical period ends.
You have to be cautious about trading as you will be in a critical period. If possible, we recommend that you pause trading and check trends. I think it's a period that requires only minimal trading to preserve your profits.
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[From April 8th] The flow of 1 and 2 is very important. However, you must get support at point 7060.
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[From April 5]
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I think the current situation is not good enough to understand the overall flow of the coin market.
Accordingly, it is time to focus on selling rather than buying to preserve profits.
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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
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The tether dominance 1D chart shows the days when the gap occurred. The detailed flow will be explained in a future update.
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The 1h chart shows important time zones and segments.
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Last update today. There is a high possibility of sideways in the 6688.5 ~ 6946 section. You can touch the 7K zone, but it is likely to drop below the 6946 spot. It is expected to touch the uptrend line (5) to see the support zone.