HedgeTrade (HEDG) - May 8
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Bitcoin Halving has about 5 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
After renewing New High, it fell below 0.00025199, the lower point of the formed box section.
You need to make sure you can get support at the 0.00024319 point that you must keep.
If you fall from 0.00024319, you are likely to touch the 0.00019999 key point.
If it falls from 0.00019999, I think it will enter the mid- to long-term investment area.
Therefore, we believe that careful trading is necessary.
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response 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
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.
--------------------------------------
Bitcoin Halving has about 5 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
After renewing New High, it fell below 0.00025199, the lower point of the formed box section.
You need to make sure you can get support at the 0.00024319 point that you must keep.
If you fall from 0.00024319, you are likely to touch the 0.00019999 key point.
If it falls from 0.00019999, I think it will enter the mid- to long-term investment area.
Therefore, we believe that careful trading is necessary.
----------------------------------------
Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response 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
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