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CME Bitcoin (BTC1!) - August 5

CME:BTC1!   Bitcoin CME Futures
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Today's gap is 11370-11385.

You need to make sure you can get support at point 11360.

If you fall from the 11360 point, you are likely to touch the section 10895-11055.

If it falls below the point of 11055, it is a short-term Stop Loss.

It can be said that it is important to be able to gain support by rising above the 11700 point.

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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

[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.