Bitcoin (BTC) - June 5 (Volatility period June 3~5)
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It is rising above the uptrend line (3) and the downtrend line (4).
We need to make sure we can get support at 9728.5.
You need to make sure you get support at 9728.5 by June 10th.
This is the last day of the volatility period (June 3-5).
I think it's a good idea to check the movement of BTC until you leave A or B.
When BTC moved sideways in the high volume profile section, major and altcoin movements were active.
Now BTC is trying to get out of the high volume profile section.
We hope you can check the movements of major and altcoins to get good results. (Daily trading or short term trading recommended)
1. If you go up from 10968 to 11516.5, you must get support at 10300 when falling.
2. If you rise above the 10300 point, you must get support in the 10045~10088.5 section.
When flows 1 and 2 are coming out, if you touch below 9728.5, there is a possibility of falling, so you need to trade carefully.
At this time, if it falls below the 9415 point, I think it is necessary to trade to preserve profit and loss.
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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.
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
I am a person who does not speak English well. So, it's very likely that you're using the wrong word. Please understand this.
We will try to improve it in the future.
--------------------------------------
It is rising above the uptrend line (3) and the downtrend line (4).
We need to make sure we can get support at 9728.5.
You need to make sure you get support at 9728.5 by June 10th.
This is the last day of the volatility period (June 3-5).
I think it's a good idea to check the movement of BTC until you leave A or B.
When BTC moved sideways in the high volume profile section, major and altcoin movements were active.
Now BTC is trying to get out of the high volume profile section.
We hope you can check the movements of major and altcoins to get good results. (Daily trading or short term trading recommended)
1. If you go up from 10968 to 11516.5, you must get support at 10300 when falling.
2. If you rise above the 10300 point, you must get support in the 10045~10088.5 section.
When flows 1 and 2 are coming out, if you touch below 9728.5, there is a possibility of falling, so you need to trade carefully.
At this time, if it falls below the 9415 point, I think it is necessary to trade to preserve profit and loss.
------------------------------------------------
** 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.
[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/
In addition, you should also check if it goes up in the 1st section (3.48~3.53)
If USDT dominance falls, I think there is a possibility that funds will flow into the coin market and buy coins.
Therefore, if the USDT dominance falls, the price of the coin market is expected to rise.