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Bitcoin CME Futures (BTC1!) - April 20

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CME:BTC1!   Bitcoin CME Futures
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The gap section on April 13 is 7160 ~ 7290, and the gap section on April 20 is 7105 ~ 7200.
When these two sections are combined, it is between 7105 and 7290.
The current location is near the middle of the gap section.

If you look only at the gaps you have formed, you can see that you are in an ambiguous position where you have to fall and rise or fall.
That may mean that the current market situation is difficult to grasp.
Therefore, the direction and shape of the candle cannot be said.

The flow of the MACD indicator is approaching the zero point as the MACD rises, and as a result, the oscillator gradually declines.
When the MACD touches the 0 point, it is shown that the price may move rapidly.

It will be a while to see which direction this sharp movement will come from, but it is expected that the final direction will be determined by how the gap is filled.

If the gap is filled with a rise after falling, there is a possibility that it will continue to rise, and if the gap is filled with a drop since rising, there is a possibility that it will continue to decline.
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It's time to focus on selling rather than buying to preserve profits.

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Description of abbreviations shown in chart
R: Resistance point or section, where a 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
Comment:
CME's BTC2! Chart.
Comment:

[Example of exchange chart setup]

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

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