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Today's gap is 11590-11765.
It will rise above the 11990 point and see if it can fill the previous gap.
You'll also need to see if it could increase by 12270 points or more, resulting in a closing price.
If it falls, we have to see if it falls to fill today's gap.
You also need to see if you can get support at the uptrend line (4).
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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
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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 must 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
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
Today's gap is 11590-11765.
It will rise above the 11990 point and see if it can fill the previous gap.
You'll also need to see if it could increase by 12270 points or more, resulting in a closing price.
If it falls, we have to see if it falls to fill today's gap.
You also need to see if you can get support at the uptrend line (4).
-------------------------------------------------- -------
Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
-------------------------------------------------- -------------------------------------------
** 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 must 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/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
