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You need to make sure you can get support at 11244.0.
We have to see if it can rise above the 11072.0 point.
You should also see if you can touch the downtrend line.
If you deviate from the downtrend line, you must rise above 11516.5 points.
If you can't ascend, you can touch the 11244.0 point again.
If it falls from the 11244.0 point, there is a possibility that it falls below the 10968.0 point.
I think it's a good idea to check the market trend until August 28.
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** 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 generating profit 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 must trade from a short-term investment perspective.)
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
You need to make sure you can get support at 11244.0.
We have to see if it can rise above the 11072.0 point.
You should also see if you can touch the downtrend line.
If you deviate from the downtrend line, you must rise above 11516.5 points.
If you can't ascend, you can touch the 11244.0 point again.
If it falls from the 11244.0 point, there is a possibility that it falls below the 10968.0 point.
I think it's a good idea to check the market trend until August 28.
-------------------------------------------------- -------------------------------------------
** 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 generating profit 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 must trade from a short-term investment perspective.)
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(UTC)
If it rises along the uptrend line, it is likely to rise above the downtrend line (4), 3.115 points around August 29th.
(BTC Dominance 1D Chart)