readCrypto

Bitcoin (BTC) - August 1 (1h)

readCrypto Mod Updated   
BITMEX:XBTUSD.P   Bitcoin
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You should check to see if you may have risen above 11516.5 points after the Shizan shown on the chart.

In addition, you need to see which trend line you are supporting and whether you are resisting.

You have to watch for sideways over the weekend in the 10968-11516.5 section, or if you're going to break out and show a sudden move.

If you move along the uptrend line (2), major coins and some altcoins are expected to rise a lot.


(XBTUSD 1D chart)
Check support and resistance points.

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(Bithumb BTCKRW 1D chart)
Check support and resistance points.

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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: 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:
(BTC Dominance 1D Chart)
It is not falling below the 63.38 point.
You should check to see if it has fallen below the 63.38 point after the date shown on the chart.

If you do not fall below the 63.38 point or below the downtrend line (1), then BTC Dominance is likely to rebound after the date shown on the chart.

[Example of exchange chart setup]

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

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