Bitcoin (BTC) - August 24
Updated
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We need to make sure we can still get support in the 11516.5-11600 section.
You also need to check if you can climb along the uptrend lines (2), (3).
Support for the 11108.5-11280 section: A rapid rebound is expected.
10968 points or higher: It can be said that the trend continues to rise.
Below the 10968.0 point: There is a possibility of a downward trend.
Below 10300 points: It is possible to continue the decline near the 8857 point.
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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.)
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.
-------------------------------------------------- -----
We need to make sure we can still get support in the 11516.5-11600 section.
You also need to check if you can climb along the uptrend lines (2), (3).
Support for the 11108.5-11280 section: A rapid rebound is expected.
10968 points or higher: It can be said that the trend continues to rise.
Below the 10968.0 point: There is a possibility of a downward trend.
Below 10300 points: It is possible to continue the decline near the 8857 point.
-------------------------------------------------- -------------------------------------------
** 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.)
Note
(USDT Dominance 1h chart)Note
(USDT Dominance 1D Chart)(UTC)
Just as it fell along the uptrend line (1), it is expected to decline this time along the downtrend line (2).
However, it is possible to get support from 2.756-2.795 and touch the uptrend line (3).
Therefore, you need to make sure you can touch the downtrend line (2).
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