Bitcoin CME Futures (BTC1!) - May 5
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Bitcoin Halving has about 8 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
Today's gap is 8935 ~ 9055.
Closing the recently created gaps requires closing prices to be created below 8825 points.
Close to the long-term uptrend line (2). We need to see if we can get above the long-term uptrend line (2) and get support at 9180.
As before, we need to carefully check whether the stock will start following the closing price near the downtrend line (1).
Of the previous flows, we haven't climbed above the 9320 point, but have declined.
In order to expect further gains, you must be supported at point 8645, and if it falls, there is a possibility that you will touch the gap section below.
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Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 8 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
Today's gap is 8935 ~ 9055.
Closing the recently created gaps requires closing prices to be created below 8825 points.
Close to the long-term uptrend line (2). We need to see if we can get above the long-term uptrend line (2) and get support at 9180.
As before, we need to carefully check whether the stock will start following the closing price near the downtrend line (1).
Of the previous flows, we haven't climbed above the 9320 point, but have declined.
In order to expect further gains, you must be supported at point 8645, and if it falls, there is a possibility that you will touch the gap section below.
----------------------------------------
Rather than deciding to which point it will rise, I hope now that we can decide at what point we should preserve our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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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