Bitcoin (BTC) - August 26
Updated
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Volatility was expected around August 27 (August 26-28), but it occurred a day earlier.
You need to make sure you can get support at 11244.0.
Support at 11244.0 : Expect to rise above 11516.5 points.
You can touch the 10968.0 point, and if you get support at the 10968.0 point, a sharp rise is expected.
When there is a sharp rise, I think that further gains can be expected only if it rises above 11516.5 points.
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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.
-------------------------------------------------- -----
Volatility was expected around August 27 (August 26-28), but it occurred a day earlier.
You need to make sure you can get support at 11244.0.
Support at 11244.0 : Expect to rise above 11516.5 points.
You can touch the 10968.0 point, and if you get support at the 10968.0 point, a sharp rise is expected.
When there is a sharp rise, I think that further gains can be expected only if it rises above 11516.5 points.
-------------------------------------------------- -------------------------------------------
** 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.)
Note
(USDT Dominance 1D chart)(UTC)
I think it should fall below the 2.9 point and move away from the uptrend line (3).
If not, I think it is better to observe the market situation than to proceed with trading.
Note
(USDT Dominance 1h chart)
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