Bitcoin (BTC) - May 10 (1h)

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Bitcoin Halving has about 3 days left.
I think it is necessary to prepare for the sudden movement of BTC.

It is currently supported at 9617.0.
Up to 9481 points, we must support it, so we can expect an increase.

The downtrend line (1) is a meaningful trend line, and if it falls below this trend line, I think there is a possibility that it will continue to fall.

After the time indicated on the chart, it is essential to check if you are receiving support at points 9481 or 9617.

In addition, you should also check if there is an elevation to touch the 10300 point.

(XBTUSD 1D 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: A resistance point or section where a countermeasure 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:

USDT dominance chart.
It is necessary to check the points of support and resistance.

Comment:

If you sell when there is a sharp decline, there is no way to make up for the loss.
If you didn't sell before a sharp decline, it's a good idea to wait for a rebound.
Then when you want to start falling again, you have to look at the situation and deal with split trading.
It is necessary to check if the closing price of the 1D chart is created above the 8214.5 point.
Also, if it falls below the 7757 point, I think it is necessary to trade to preserve profits and losses.

Comment:

Comment:

The price of BTC is still not stable.
Therefore, you have to look carefully at the situation.

BTC dominance is also falling due to a sudden drop in BTC prices.
We need to check if we can drop below the 67.44 point.
You also need to check if the BTC dominance is below the 67.97 point when the BTC price has calmed down.

If the price of BTC calms down and the closing price of the 1D chart is generated at the point mentioned in the BTC chart, I think the Alts price is likely to rise.

If the Alts price starts to rise, the overall decline in the coin market is expected to begin within a few days.

Comment:

You should see if it rises after the time indicated on the chart.

Comment:

We need to see if we can resist and decline at 2.72.
In addition, it is also necessary to check if it can fall below the downward trend line (2).
If it rises once again above the downtrend line (1) and rises above the 2.86 point, there will be many more drops.

I think we should pay more attention to the selling side than to buying.
In addition, I think that the charts (USD.D, BTC.D) that can judge the situation should be viewed together with the Bitcoin chart.

I think it's best to wait until it falls below the downward trend line (2).
In addition, if it rises above the downward trend line (1), I think it is necessary to divide trading to preserve profit and loss.

We wish you a successful trading with careful judgment.
Thank you.

Comment:

The time at which the downtrend line and the uptrend line intersect.
It is necessary to check which arrow direction moves after the time indicated on the chart.

The reference points are 8838.5 points and 8726 points.