Bitcoin (BTC) - August 19
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We need to see if it can rise along the uptrend line (1)-(3).
If it falls from the uptrend line (1)-(2), it is a short-term Stop Loss.
If it falls from the uptrend line (3) or 11516.5 points, I think trading is necessary to preserve the profit or loss.
We'll see if it's higher than 12340 points on the date shown on the chart.
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(Binance BTCUSDT 1D Chart)
We'll see if we can get support at the uptrend line (1) and climb along the trend line.
If you fall from the uptrend line (1), I think you need to trade to preserve profit and loss.
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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.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
We need to see if it can rise along the uptrend line (1)-(3).
If it falls from the uptrend line (1)-(2), it is a short-term Stop Loss.
If it falls from the uptrend line (3) or 11516.5 points, I think trading is necessary to preserve the profit or loss.
We'll see if it's higher than 12340 points on the date shown on the chart.
-------------------------------------------------- --------
(Binance BTCUSDT 1D Chart)
We'll see if we can get support at the uptrend line (1) and climb along the trend line.
If you fall from the uptrend line (1), I think you need to trade 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.)
Nota
(XBTUSD 1D chart)You should see if it has risen above 12340 points after the time shown on the chart.
If you fall from the uptrend line (3), I think you need a minimum of trading to preserve your profit and loss.
Nota
The chart above is the XBTUSD 1h chart. Sorry for the confusion.Nota
(USDT Dominance 1D Chart)You need to make sure you can get resistance in the 2.836-2.863 range.
Also, it remains to be seen if it can drop below the 2.541 point.
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