CME Bitcoin (BTC) - June 29 (Beware of Volatility!)
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Today's gap is between 9220 and 9175.
It fell below 9180.
You need to make sure you can quickly rise above the 9220 point.
It is also necessary to check whether the previous gap section, 8785~8915, will be filled.
If you fall, you need to make sure you can get support at 8720.
Volatility may occur from around June 29 (June 26 to 30).
Accordingly, careful trading is necessary.
Since it is currently located in section B, I think it is necessary to think about trading to preserve profit and loss.
In case of ascent, you must climb at least 9320 points and get support.
If you can gain support by rising above 9470, you are likely to touch the downtrend line (3).
At this time, I think it is necessary to trade to preserve profit and loss.
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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 response 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
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Today's gap is between 9220 and 9175.
It fell below 9180.
You need to make sure you can quickly rise above the 9220 point.
It is also necessary to check whether the previous gap section, 8785~8915, will be filled.
If you fall, you need to make sure you can get support at 8720.
Volatility may occur from around June 29 (June 26 to 30).
Accordingly, careful trading is necessary.
Since it is currently located in section B, I think it is necessary to think about trading to preserve profit and loss.
In case of ascent, you must climb at least 9320 points and get support.
If you can gain support by rising above 9470, you are likely to touch the downtrend line (3).
At this time, I think it is necessary to trade to preserve profit and loss.
-------------------------------------------------- ----------------------
** 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 response 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
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening
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