Bitcoin (BTC) - June 9 (Volatility period June 9-11)

8 Jun 2020

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Volatility is expected between 9728.5 points and the uptrend line (4) between June 10 (June 9-11).

After this period, it is expected that we will be able to know whether or not we will make waves at points above 9728.5.

The maximum fluctuation is expected to be in section A (10968~11516) to section B (8463~8870).

Small fluctuations are expected to be 9004 to 10300.

Therefore, I think it is better to stop trading for a while and check the flow.

I think it is necessary to keep an eye on movements in the 9274~9728.5 section.

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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: A resistance point or section where a countermeasure 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

8 Jun 2020

Nota

(Binance BTC futures chart.)

You have to get support at point 9591.11 and see if you can touch the upward trend line (1) by climbing along the upward trend line (2).
If you fall from the 9591.11 point, you are likely to touch the 8837~9204 point.

8 Jun 2020

Nota

(USDT dominance chart.)

It is located near the descending channel after exiting the descending channel.
We need to check if we can fall into the descending channel after the time indicated in the chart.

9 Jun 2020

Nota

(USDT dominance chart.)

It is expected that the flow after this time will affect the price of the coin market.