Bitcoin (BTC) - August 6 (1h)

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You need to make sure you can get support above 11516.5.

Also, we need to see if we can get support at the 11631.5 point and see a rise to the 12K range.

If you fall at 11516.5, you need to make sure you get support at 11268.5.

If it falls below the rising trend line (1), it is a short-term Stop Loss.

(XBTUSD 1D chart)


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(USDT Dominance 1D Chart)


(BTC Dominance 1D Chart)


There is a possibility of volatility on the dates shown in the USDT and BTC dominance charts, so we need to keep an eye on the flow.

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(Binance BTCUSDT 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