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readCrypto
May 2, 2020 10:44 PM

Bitcoin (BTC) - May 3 

Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX

Description

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Bitcoin Halving has about 10 days left.

If it rises, it is expected that it will touch near the 10968 point and fall.
However, I think there is a high likelihood of falling after crosswalk in the 9642 ~ 10045 section.

If you touch the section or point mentioned above and drop down from the current position where it fell, it seems that there is a possibility of a sharp drop from the section 7060 ~ 7299.

(1h chart)


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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.

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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.

Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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

Comment


The information in the USDT Dominance Chart was incorrect.
Therefore, it is not easy to make accurate judgments.
It is expected to close Bitcoin Halving, similar to the flow shown in the chart.

Comment

Comment

Comments
DoctorJohnSmith
Hi. Why was the info on the USDT dominance chart incorrect?
readCrypto
@DoctorJohnSmith, Thanks for the comment. Have a nice holiday
Compare the Low point of the 1D chart of the Candlestick on the 30th of April to the Low point of the 4h chart.
meddler2008
what are we waiting for ?
readCrypto
@meddler2008, Thanks for the comment.
Protixder
Protixder
good work
readCrypto
@Protixder, thank you.
SAQIBSALIM60
Nice,keep it up
readCrypto
@SAQIBSALIM60, Thanks for the comment.
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