Bitcoin (BTC) - June 16
Updated
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Touch below 9004 points and it is rising.
If you get support above point 9415, I think it's the best stream in the current situation.
If it falls, you should get support at point 9274.
We need to make sure we can rise above the downtrend line (3).
I think the downtrend line (3) separates the upward and downward trend in the high section.
If the closing price rises above the 9481 point, a rise signal is expected.
In addition, a new short-term uptrend line will be created.
Both 50 EMA and 60 SMA were touched, and 50 EMA was touched twice.
If I touch the 50 EMA a third time or if the 60 SMA rises above 50 EMA, I think there is a possibility of a downward trend.
The fluctuation remains constant.
The fluctuation range is 8870~10300 section and maximum 8463~11516.5 section.
If you don't leave the 8870~10300 section, I think it's just sideways.
Therefore, in summary, it is as follows.
1. It should rise above the downward trend line (3).
2. At 9274, you must get support.
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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: 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 where purchase is possible to generate profits as a support point or section
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Touch below 9004 points and it is rising.
If you get support above point 9415, I think it's the best stream in the current situation.
If it falls, you should get support at point 9274.
We need to make sure we can rise above the downtrend line (3).
I think the downtrend line (3) separates the upward and downward trend in the high section.
If the closing price rises above the 9481 point, a rise signal is expected.
In addition, a new short-term uptrend line will be created.
Both 50 EMA and 60 SMA were touched, and 50 EMA was touched twice.
If I touch the 50 EMA a third time or if the 60 SMA rises above 50 EMA, I think there is a possibility of a downward trend.
The fluctuation remains constant.
The fluctuation range is 8870~10300 section and maximum 8463~11516.5 section.
If you don't leave the 8870~10300 section, I think it's just sideways.
Therefore, in summary, it is as follows.
1. It should rise above the downward trend line (3).
2. At 9274, you must get support.
------------------------------------------------
** 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: 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 where purchase is possible to generate profits as a support point or section
Note
(USDT dominance chart.)It rises to near the 3.72 point and then falls to the gap point.
We need to make sure we can touch below 3.39 by dropping below 3.48.
Note
(Binance BTC futures chart.)You should check if you can rise above the 9591.11 point on June 18 (June 17-19) and rise above the short-term downtrend line.
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