BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
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(BTCUSDTPERP 1D Chart)
Primary resistance: around 32275.6
Secondary resistance: around 35280.2

Support: 27054.1-29840.6

The 27054.1-29840.6 zone is an important support and resistance zone.

The key is whether the 27054.1-29840.6 zone can support and move up.


In the short-term and medium-term perspective, it needs to rise above 30437.0 and find support to turn into an uptrend.


The next volatility period is around June 5th.



(1h chart)
** A short-term response is recommended as sharp movements are likely to occur on the 1h chart.

The section 28951.7-29840.6 passes the CCI -100 point.

Therefore, it is important to keep the price above the 28951.7-29840.6 interval.

However, since the 27054.1-29840.6 section is a strong support section, it may temporarily touch the 27054.1 area and rise, so careful trading is required.


On the 1h chart, there is a possibility of volatility as of June 1st, so you need to trade with caution.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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Comment:
(BTCUSDT 1W Chart)
We need to see if we can break out of the oversold zone of the RSI on the 1W chart this week.
Comment:
(BTCUSDT 1D Chart)
It is attempting to break through the MS-Signal indicator while rising above 30444.93.

If the breakout attempt fails, you should see support above 29812.52.

If it falls below 29812.52, there is a possibility of further decline (27033.35), so you need to trade cautiously.
Comment:
(BTCUSDTPERP 1h Chart)
(UTC) We need to see if we can find support by moving above 30971.3.

[Example of exchange chart setup]

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

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