Bitcoin (BTC) - August 8 (1h)
Updated
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It is falling without even touching the 11971-12170 section.
You need to see if you can get support at the uptrend line (1).
We'll get support at 11516.5 and see if we can move up.
(1D chart)
Volatility is possible from around August 8th (August 7-9) to around August 15th (August 14-16).
In particular, more volatility is expected to occur around August 8, when the volatility period begins and around August 15, when it ends.
At this time, the reference section is 11516.5-11631.5 section.
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(CME BTC1! 1D chart)
It fell below the 11700 point and closed.
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(Binance BTCUSDT 1D Chart)
Please check the support and resistance points.
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(Bithumb BTCKRW 1D chart)
Check the support and resistance points.
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(USDT Dominance 1D Chart)
It is supported at the 2.863 point.
It remains to be seen if it will rise above the short-term downtrend line and above the 2.969 point.
We will see which direction from the 2.863 point around August 10 (August 9-11).
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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 profit generation 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 should 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.
-------------------------------------------------- -----
It is falling without even touching the 11971-12170 section.
You need to see if you can get support at the uptrend line (1).
We'll get support at 11516.5 and see if we can move up.
(1D chart)
Volatility is possible from around August 8th (August 7-9) to around August 15th (August 14-16).
In particular, more volatility is expected to occur around August 8, when the volatility period begins and around August 15, when it ends.
At this time, the reference section is 11516.5-11631.5 section.
-------------------------------------------------- ---------------------------------
(CME BTC1! 1D chart)
It fell below the 11700 point and closed.
-------------------------------------------------- ---------------------------------
(Binance BTCUSDT 1D Chart)
Please check the support and resistance points.
-------------------------------------------------- ------------------------------------
(Bithumb BTCKRW 1D chart)
Check the support and resistance points.
-------------------------------------------------- ----------------------------------
(USDT Dominance 1D Chart)
It is supported at the 2.863 point.
It remains to be seen if it will rise above the short-term downtrend line and above the 2.969 point.
We will see which direction from the 2.863 point around August 10 (August 9-11).
-------------------------------------------------- -------------------------------------------
** 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 profit generation 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 should trade from a short-term investment perspective.)
Note
(XBTUSD 1h chart)(USDT Dominance 1h Chart)
Note
(UTC) (KST)
We need to see if we can get support at 11631.5 and climb along the uptrend line.
You must break through 11822.5 to climb.
So, after the time shown on the chart, you need to make sure you're getting support at 11631.5 and you can climb above 11822.5.
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