CME Bitcoin (BTC1!) - August 26
Updated
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Today's gap is 11310.0-11415.0.
It started by breaking through the 11360.0 point, the volume profile point, with a gap rise.
It remains to be seen if it can rise above the 11575.0 point as it is.
If it falls, it remains to be seen if there is any movement to fill the previous gap, 10895.0-11230.0.
The 10895.0 point is an important point, which is the point that needs to be supported in order to make further ascents.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
-------------------------------------------------- -----
Today's gap is 11310.0-11415.0.
It started by breaking through the 11360.0 point, the volume profile point, with a gap rise.
It remains to be seen if it can rise above the 11575.0 point as it is.
If it falls, it remains to be seen if there is any movement to fill the previous gap, 10895.0-11230.0.
The 10895.0 point is an important point, which is the point that needs to be supported in order to make further ascents.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening
Note
(CME Bitcoin 1D Chart) - August 27Today's gap is 11630-11620.
We must see if we can ascend above 11700 points.
We need to see if it's going down to fill the previous gap between 11310-11415.
Make sure you get the support at point 11575.
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