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It did not rise above the 9274 point or the downtrend line (3).
On July 3rd we need to check if we can rise above the 9274 point or the downtrend line (3).
If you can't climb, you need to make sure you can climb above 9185.
Point 9185 is the short-term upside.
If you look at the overall flow in the current situation, it can be said that it forms a high and falls along the created downward trend line (3).
It is expected that a lot of movement will occur due to volatility around July 2nd (July 1st to 3rd). Therefore, I think you should watch by July 3rd.
We believe that if you rise above the downtrend line (3) and get support, that is, move away from the downtrend line (3), you will have the opportunity to turn into an uptrend.
I don't think there will be a volatility period in the XBTUSD chart in July. I think we need to make sure we can get directions during this volatility period.
The XBTUSD 1D, 1h chart below is the trend when it fell down the downward trend line (3).
(1D chart) If you fall along the downtrend line (2), you can see the dates and points shown on the chart.
(1h chart) I can see 1K, 2K, and 3K EMA converging again. Previously, 1K, 2K, and 3K EMA converged to form High. Then, High is updated once more.
3K EMA is passing above the downtrend line (2), and it is expected that it will touch 3K EMA not far away.
(Binance BTCUSDTPERP 1D chart) You need to make sure you can still move on the downtrend line (4). You should also make sure that support is available at the short-term support point of 9055.07.
Volatility may occur around July 3 (July 2-4). If you can gain support by rising above the 9204 point during this period, I think you are likely to turn into an upward trend.
If you fail to rise during this period and fall along the downtrend line (4), volatility may occur again around July 8 (July 7-9).
** 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
ملاحظة
(USDT Dominance 1h Chart)
On the USDT Dominance Chart, I think movement is important from July 2-5. During this period, I think that the price flow of BTC can indicate whether it is rising or falling depending on whether it can fall below the 3.48~3.50 section.
ملاحظة
(BTC Dominance 1D Chart) BTC prices are gradually falling. At this time, I think it is altcoins that should be viewed with interest. Take a look at the movements of altcoins that you are interested in, while checking if the BTC dominance can fall.
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