Bitcoin (BTC) - Aug 22 (1h)Hello?
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It fell from the uptrend line (3), touching 11516.5 points.
You need to make sure you can get support at 11516.5.
If it falls at 11516.5, it is likely to fall between the uptrend line (4)-(5).
At this point, you need to make sure you are supported at 10300 points.
If it falls at 11516.5, it is a short-term Stop Loss.
If it gets support at 11516.5-11631.5, there is a chance that there will be an uptrend to break through 12340 and the uptrend line (3).
All of the above flows must be observed until around August 28(August 27-29).
(1D chart)
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(USDT Dominance 1h Chart)
(UTC)
You need to see if you can get resistance and fall at the uptrend line (3).
If it rises, we have to see if we can get resistance at 2.969.
If you find resistance at the uptrend line (3) and fall, it remains to be seen if it can move below the 2.836-2.863 section.
After around August 29, you should watch to see if you are heading near 2.696 or near 3.115.
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(CME BTC1! 1D chart)
It fell below 11700 points, closing at 11600 points.
You have to watch the fluctuations over the weekend.
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(Binance BTCUSDT 1D Chart)
We need to make sure we can get support at 11392.08 point.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
GAP refers to the difference in price that occurred when the CME Exchange was closed because it was not trading 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening
