BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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Trend line or point to be supported: Long-term downtrend line (2), 9004 points

Trend line or point where additional upside is possible: Downtrend line (1), 9274 points

Complete downtrend transition point: 8463 or less

We need to make sure we can rise above the downtrend line (2).
You should also check if it falls below 8625.

As I said in the CME Bitcoin chart, from May 27th to May 29th, there is a period of great volatility , so I think it is good to stop trading for a while and check the situation.


** 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 that can be purchased for profit generation as a support point or section
Comment: (XBTUSD 1h chart.)
If you get support in roughly 8883.5 ~ 8902, there is a possibility that you will touch the first 9080 or the second 9169.5 ~ 9225.
However, BTC volatility can be large, so be very careful with trading.


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