Coin market volatility period (August 14-17). Therefore, I think careful trading is necessary. I think it is better to observe the flow rather than rushing to trade according to the price flow. I think this is a time when only minimal trading is possible to preserve profit and loss.
** 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.)
註釋
(Binance BTCUSDT 1D Chart) You need to see if you can climb above the 11879.95 point for support. If it gets support at 11879.95, it is expected to be able to climb along the uptrend line (1). If there is no support at 11879.95 by around August 20th, it is likely to fall below 11392.08.