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Bitcoin (BTC)-June 24 (let's rise along the rising trend line!)

BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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We need to make sure we can get support at the uptrend line (5), at 9617.

If you fall on the uptrend line (5), you must get support at points up to 9481.

If you fall below the 9481 point and touch the 9415 point, you are likely to fall below the downtrend line (3).

(1h chart)

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(Binance BTCUSDTPERP 1D chart)
We need to make sure we can get support at the uptrend line (3), at 9591.11.
I think it is located on an important fork.

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(OKEX BTCUSDTPERP 1D chart)
It is weak near the 9600 point, but a support point is formed.
We need to make sure we can get support at point 9600.
You should also check if you can move above the uptrend line (1) until June 26 (June 25-27).

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(Bithumb BTCKRW 1D chart)
Weak near the 11800000 point, but a resistance point exists.
You need to make sure you can break this section and climb above 11.8 million points.
You should also make sure you can get support at 11210000.

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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 the counter 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: (USDT Dominance 1D Chart)
I think there is a high likelihood of falling until it rises above the 3.50 point.

We believe that the decline in USDT dominance is likely to increase coin prices as funds flow into the coin market.
Comment: (BTC Dominance 1D Chart)
We need to make sure we can drop below the support point of 65.89.
If you touch the 63.38 point, the price of altcoin is expected to rise.

I think that the decrease in BTC dominance means that the price of altcoin increases.
Comment: (XBTUSD 1h chart)

Comments

Good one, interesting how far it goes!
+1 Reply
readCrypto AboveDuality
@AboveDuality, Thank you for sharing your analysis.
Reply
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