(1W Chart) - Full Chart You need to make sure you get the support at 12974.0, which is an important point. If supported on the 1W chart, it is expected to break above the previous highs of 13272.0 and 13920.0.
After breaking above the previous high, it is expected to face resistance near 14227.5.
After seeing the figure breaking above the previous high, I will talk about the overall flow again.
The peak section is divided by the section 11460.0-11757.5. Therefore, if it falls from 11460.0-11757.5 in the mid- to long-term perspective, it is a short-term stop loss.
From a mid- to long-term perspective, if it falls below the uptrend line (1), trading to preserve profit or loss should be made.
Of the previous short-term strategies, the LONG strategy is in progress, so there is no short-term strategy today.
** 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 prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: closing price when closed G2: Market price at the time of opening
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(1h chart) After the time shown on the chart, you still need to make sure you are getting support at 13272.0.