CME Bitcoin (BTC) - July 1
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Today's gap is between 9185 and 9200.
We need to make sure we can climb above 9220.
In order to fill the previous gap section (8785~8915), we need to check if it falls below 8785.
(1M chart)
If you fall below the 9180 point, you will deviate from the uptrend line (1).
Also, if you fall below the 8700 point, you will fall below the downward trend line (2).
Therefore, support should be obtained at point 8700.
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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: Resistance point or section, where the 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.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Today's gap is between 9185 and 9200.
We need to make sure we can climb above 9220.
In order to fill the previous gap section (8785~8915), we need to check if it falls below 8785.
(1M chart)
If you fall below the 9180 point, you will deviate from the uptrend line (1).
Also, if you fall below the 8700 point, you will fall below the downward trend line (2).
Therefore, support should be obtained at point 8700.
-------------------------------------------------- ----------------------
** 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: Resistance point or section, where the 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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