Bitcoin (BTC) - May 24

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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:

(USDT dominance chart.)

You have to watch whether a new second box section will be created or re-enter the first box section.

Comment:

It's a second challenge at 9274.
You need to check the flow.