readCrypto

CME Bitcoin (BTC1!) - May 26 (12h)

readCrypto Mod Updated   
CME:BTC1!   Bitcoin CME Futures
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Today's Gap Section: 8820 ~ 8910

Points to be supported in order to ascend: 8720 points

Minimum section or point to be supported by ascent: 9180 ~ 9270, 9220

In order to fill the gap, we need to check if it is falling.
In this case, I think it would be good to get support above 8765.

Today's Close position is expected to have an important meaning, so we need to see where the Close is created in the 1D chart.

A new trend line (1) has been created between the points that were under downward correction.
We also need to make sure we get support from this upward trend line (1).

I don't think it can be said that it has turned into an uptrend until it rises above 9220.
I expect that it will rise, and I think it will make a lot of money to buy it after confirming that it is higher than buying in advance.

Also, if you look at the current coin market trend,
BTC's price decline is being adjusted.
Altcoin is on the rise.
USDT dominance is rising.

Accordingly, we believe that careful trading is necessary and short-term trading is necessary.

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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

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
Comment:
You will need to make sure you can rise to the nearby area after the time indicated on the chart.
Comment:
I'm sorry.
The updated chart shows the time in the KST time zone, changing it to the UTC time zone and re-posting.
You will need to make sure you can rise to the nearby area after the time indicated on the chart.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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