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CME Bitcoin (BTC1!) - August 12

CME:BTC1!   Bitcoin CME Futures
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Today's gap is 11435-11340.

You need to make sure you can get support at point 11360.
Also, we will see if we can ascend above 11700 points.

If it falls, it remains to be seen if it will touch the uptrend line (4).

If you decline at the uptrend line (4), you are likely to touch the 10895 point.

We need to make sure we are holding prices above 10895 points around August 14th.

It is possible that the 10895 point will be the reference point for both up and down.

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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.)

GAP refers to the difference in price that occurred when CME Exchange was closed because it was not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar price at the time of opening

[Example of exchange chart setup]

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

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

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