readCrypto

CME Bitcoin (BTC1!) - August 4

CME:BTC1!   Bitcoin CME Futures
Hello?
Dear Traders, Nice to meet you.

"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.

-------------------------------------------------- -----

Today's gap is 11620-11560.

We did not fill the previous gap section, and today's gap section was created within the previous gap section, so we will not display it in the chart.

You need to make sure you can get support in section 11055-11435.

You have to watch how wisely you will continue the rise after you get out of the RSI 70.

If it falls from 11055, it is the short-term Stop Loss.

I think it is necessary to carefully trade, as you can touch and climb below the bottom of the previous gap section, 10895.

-------------------------------------------------- -------------------------------------------

** 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: Resistance point or section, where a countermeasure 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

GAP is the difference in price that occurred when a CME exchange is closed, because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.