CME Bitcoin (BTC1!) - July 17 (must rise above 9180 points)
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Today's gap is 9145~9130.
We need to make sure we can climb above 9180.
We need to see if it will fall to fill the gap of 8785~8975.
We also need to see if we can rise above the 9470 point in order to switch to an upward trend.
If you look at this chart, you can see that the cascade is going down.
The end of the stairs is point 9180.
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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: 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
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.
-------------------------------------------------- -----
** This is the status of “Hide” the MRHAB-MY1 indicator, an indicator provided by our channel.
** To check the indicators, share the chart and click "Show" to see all indicators as they were before.
--------------------------------------
Today's gap is 9145~9130.
We need to make sure we can climb above 9180.
We need to see if it will fall to fill the gap of 8785~8975.
We also need to see if we can rise above the 9470 point in order to switch to an upward trend.
If you look at this chart, you can see that the cascade is going down.
The end of the stairs is point 9180.
-------------------------------------------------- -----------------------
** 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/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
I think it has kept me expecting BTC price increases.
Over the weekend, it is expected to rise above 9220, as long as there is no change in BTC's movement.