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Bitcoin (BTC) - May 17 (can I get support at 9481)

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BITMEX:XBTUSD.P   Bitcoin
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You should check if the closing price can be generated above point 9415.
In addition, support is required at point 9274.

In the previous candle, the closing price was created below 9728.5 and fell unsupported at 9544.5.

Therefore, this time, we believe that the closing price must be created above 9415 point to expect further increase.

You need to rise above the 9481 point, which was previously called an important point, and get support.

Although it is breathtakingly supported by the downtrend line (1), it is located below the orange line, making it look like it's not strange when it falls.

If it falls below the downtrend line (2) or 9004 points, I think it is necessary to split trading to preserve profit and loss.
Also, if you fall below the 8463 point, you are likely to touch 50 EMA on the 1W chart.


(XBTUSD 1h chart.)
We need to see if we can shift the trend by moving above the 9481 point of the downtrend, which was still in progress.


(USDT dominance chart.)

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

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 where purchase is possible to generate profits as a support point or section
Comment:
(USDT dominance chart.)
It fell from the uptrend line.
We need to make sure we can drop below 3.39.
In addition, it is necessary to check if you are supported by the 3.39 point and rise and touch the upward trend line again.
Comment:
A challenge is underway to climb above the 9738.5 point.
Now that we have started the challenge, we need to make sure that the closing price of the 1D chart can be generated above point 9738.5.
Comment:

[Example of exchange chart setup]

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

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