Bitcoin CME Futures (BTC1!) - April 29
Updated
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A closing price was created above point 7760.
We need to see if we can climb above 7840 to get support.
You should also check if you can get support at point 7760.
If it goes down, you also need to make sure you get support in the gaps created below, from 7595 to 7665.
If you do, you should also check if you can rise above 200 EMA to 300 EMA.
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Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.
Bitcoin Halving has about 14 days left.
I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.
At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.
I don't think the target point is important.
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See support, resistance, and abbreviation points.
It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a 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
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: Price position when closed
G2: Opening price position
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
A closing price was created above point 7760.
We need to see if we can climb above 7840 to get support.
You should also check if you can get support at point 7760.
If it goes down, you also need to make sure you get support in the gaps created below, from 7595 to 7665.
If you do, you should also check if you can rise above 200 EMA to 300 EMA.
----------------------------------------------
Now, I think it's time to think about how to respond to profits or losses in the future rather than to determine whether they are profitable or lost.
Bitcoin Halving has about 14 days left.
I think that all situations are putting pressure on the coin market, so the expectation of the rise has decreased a lot.
At the moment, I think it is more important to trade according to the flow of the chart than the words of any article or analyst.
I don't think the target point is important.
----------------------------------------
See support, resistance, and abbreviation points.
It's time to focus on selling rather than buying to preserve profits.
-----------------------------------------------
Description of abbreviations shown in chart
R: Resistance point or section, where a 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
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: Price position when closed
G2: Opening price position
Note
It is necessary to check whether the gap section 8265 ~ 8645 can be touched.
It is always time to prepare for the decline.
7840 is the point that should be absolutely supported in the current position.
Note
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