Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Same as yesterday.
Trend line or point to be supported: Long-term downtrend line (2), 9004 points
Trend line or point where additional upside is possible: Downtrend line (1), 9274 points
Complete downtrend transition point: 8463 or less
We need to make sure that we can rise above the end point of the triangle created by the trend line. (9544.4 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 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 where purchase is possible to generate profits as a support point or section
Comment
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(USDT dominance chart.) You have to watch whether a new second box section will be created or re-enter the first box section.
Comment
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It's a second challenge at 9274. You need to check the flow.