readCrypto

Bitcoin (BTC) - July 18 (the chance of a rebound...)

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BITMEX:XBTUSD.P   Bitcoin
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Last day of the volatility period (July 16-18).

We need to see if we can support the downtrend line (3).

I think the maximum volatility during the volatility period is 8463-9728.5.

It is expected that if there is movement in the 8870-9415 range and rise again above the downtrend line (3), you will have a chance to rebound.

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(Binance BTCUSDTPERP 1D chart)
You have to make sure you can sideways in the 9055.07-9204 section.

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(OKEX BTCUSDTPERP 1D chart)
You need to make sure you can get support at point 9148.5.

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(Bithumb BTCKRW 1D chart)

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(Bitstamp BTCUSD 1D chart)

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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
코멘트:
(USDT Dominance 1h Chart)
(UTC) (KST) After the time indicated on the chart, it fell below 3.48 points.
We need to see if we can fall below the uptrend line (2).
You should also check if you can resist at 3.48.

(BTC Dominance 1D Chart)
We need to see if we can fall below the 63.38 point and below the downtrend line (1).
Due to the volatility expected to come out around July 22nd (July 21st-23rd), it is expected that the movement in the second half of this year will come out.
코멘트:
(USDT Dominance 1h Chart)
We are resisting at 3.48 and falling.
We need to see if we can fall below the uptrend line (2) or below the 3.39 point.

(BTC Dominance 1D Chart)
Despite the decline in USDT dominance, it is almost sideways.
This shows that the funds are not flowing into the altcoin well.
Accordingly, we believe that careful trading is necessary.
We need to see if we can fall below the 63.38 point or below the downtrend line (1).

[Example of exchange chart setup]

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

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