readCrypto

Bitcoin (BTC) - May 31

readCrypto Mod Updated   
BITMEX:XBTUSD.P   Bitcoin
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I think you need to check if you can spend the weekend in the high volume profile of 9145 ~ 9728.5.

You should also check if you can get support above the short-term downtrend line (3), above 9274.


(1h chart)
You should see if it can rise after the time indicated on the 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 response 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:
You touched 9728.5, the upper point of the high volume profile section.
We need to see our support at 9642 and see if we can rise above 9728.5.
Comment:
It is expected to touch the 60SMA again.
You need to check which direction you are moving after the time indicated on the chart.

I think the best way to do sideways in the 9415 ~ 9728.5 box section.

[Example of exchange chart setup]

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

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