Bitcoin (BTC) - June 29 (Beware of Volatility!)
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BTC is gaining support at 9004 and rising.
You should see if you can climb above 9205 (about 50EMA).
If not, I think there is a possibility that you will touch below 9004 again.
You need to make sure you can get support at point 9004.
Also, we need to make sure we can be above the downtrend line (1).
If you fall from section C (8870~9080), you may touch section B (8214~8463). (B section position has been changed.)
If you get support and rise in the C section (8870~9080), there is a possibility to touch point 9415 (about 60SMA).
It is a period of volatility (June 28th to July 2nd), so I think that there may be more movement.
If you don't get out of section C (below 8870 points) and section D (over 10300 points), I think it's a good idea to stop trading for a while and check the flow.
In addition, we believe that the minimum trading is required to preserve profit or loss if the A section (above 10968 points) and B section (8463 points or less) decreases.
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(Binance BTCUSDTPERP 1D chart)
We need to make sure we can rise above the 9204 point and the downtrend line (4).
You should also ensure that support is available at 8837.10.
We believe that trading is necessary to preserve profit and loss if the price drops below the 8837.10 point.
The same is true if you rise above 9866.88.
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(OKEX BTCUSDTPERP 1D chart)
Check support and resistance points.
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(Bithumb BTCKRW 1D chart)
Check support and resistance points.
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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
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.
--------------------------------------
BTC is gaining support at 9004 and rising.
You should see if you can climb above 9205 (about 50EMA).
If not, I think there is a possibility that you will touch below 9004 again.
You need to make sure you can get support at point 9004.
Also, we need to make sure we can be above the downtrend line (1).
If you fall from section C (8870~9080), you may touch section B (8214~8463). (B section position has been changed.)
If you get support and rise in the C section (8870~9080), there is a possibility to touch point 9415 (about 60SMA).
It is a period of volatility (June 28th to July 2nd), so I think that there may be more movement.
If you don't get out of section C (below 8870 points) and section D (over 10300 points), I think it's a good idea to stop trading for a while and check the flow.
In addition, we believe that the minimum trading is required to preserve profit or loss if the A section (above 10968 points) and B section (8463 points or less) decreases.
--------------------------------------------
(Binance BTCUSDTPERP 1D chart)
We need to make sure we can rise above the 9204 point and the downtrend line (4).
You should also ensure that support is available at 8837.10.
We believe that trading is necessary to preserve profit and loss if the price drops below the 8837.10 point.
The same is true if you rise above 9866.88.
-----------------------------------------------
(OKEX BTCUSDTPERP 1D chart)
Check support and resistance points.
-----------------------------------------------
(Bithumb BTCKRW 1D chart)
Check support and resistance points.
-------------------------------------------------- ----------------------
** 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
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