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TradingView now supports Bitcoin charts for the BAKKT exchange.
Accordingly, we plan to publish the charts on the CME exchange every other day.
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We need to make sure we can get support from 11585.0-11625.0.
If it falls from the 11585.0 point, it is likely to touch below the 11375.0 point.
We will see if there is any movement to fill the previous gaps, 11055.0-11302.5 and 11262.5-11420.0.
Volatility is possible around August 27 (August 26-28).
During this period of volatility, it remains to be seen if it can rise above the 11770.0 point, along the uptrend line (2).
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening