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It rose to near 9K with a sharp rise.
In the short term, we need to make sure that the 8835.5 point can rise after the time zone indicated on the chart.
In addition, it is also necessary to check whether you can get support at the 8597 point.
The support period for further rise is 8214.5 ~ 8342.
Previously, there was a day when I had to say that it must be supported, and it is said that it is a rising trend.
At that time, predictions were missed because of falling without support.
Again, the section 8214.5 ~ 8342, which was said to be a support section for which you can expect additional gains, may be as unpredictable as before.
Still, I think it is best to be supported in the 8214.5 ~ 8342 section.
Even if you hold it as low as possible, you still need support at point 7939.
This is the trend line that was mentioned in the previous article as an important downtrend line (1).
It is also expected that we will touch the 9617 point with an additional rise and close the Bitcoin Halving rise.
RSI rose above 70.
Therefore, I think it is better to check the support and resistance points rather than buy, and preserve profits and losses through split trading according to the flow of BTC.
It's time to ask these questions, "When will I make it fall?", "Is it now falling?"
However, I think the sharp decline that anyone can see will end the rise in Bitcoin Halving.
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If there is a decline, I will tell you about the mid- to long-term scenario in the future.
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Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.
Bitcoin Halving has about 12 days left.
I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.
At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.
I don't think the target point is important.
----------------------------------------
See support, resistance, and abbreviation points.
It's time to focus on selling rather than buying to preserve profits.
-----------------------------------------------
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
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
It rose to near 9K with a sharp rise.
In the short term, we need to make sure that the 8835.5 point can rise after the time zone indicated on the chart.
In addition, it is also necessary to check whether you can get support at the 8597 point.
The support period for further rise is 8214.5 ~ 8342.
Previously, there was a day when I had to say that it must be supported, and it is said that it is a rising trend.
At that time, predictions were missed because of falling without support.
Again, the section 8214.5 ~ 8342, which was said to be a support section for which you can expect additional gains, may be as unpredictable as before.
Still, I think it is best to be supported in the 8214.5 ~ 8342 section.
Even if you hold it as low as possible, you still need support at point 7939.
This is the trend line that was mentioned in the previous article as an important downtrend line (1).
It is also expected that we will touch the 9617 point with an additional rise and close the Bitcoin Halving rise.
RSI rose above 70.
Therefore, I think it is better to check the support and resistance points rather than buy, and preserve profits and losses through split trading according to the flow of BTC.
It's time to ask these questions, "When will I make it fall?", "Is it now falling?"
However, I think the sharp decline that anyone can see will end the rise in Bitcoin Halving.
---------------------------------------------
----------------------------------------------
Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.
Bitcoin Halving has about 12 days left.
I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.
At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.
I don't think the target point is important.
----------------------------------------
See support, resistance, and abbreviation points.
It's time to focus on selling rather than buying to preserve profits.
-----------------------------------------------
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:
Comment:
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
In order for the Alts uptrend to start, I think it must fall below the 2.41 point.
When the BTC moves sideways, you should also watch for Alts to rise.