Bitcoin (BTC) - May 14
Updated
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Supported at points 8463 and 8625, it is rising.
We need to make sure we can rise above the downtrend line (1).
You should also check if you can rise above the uptrend line (2).
You should also check if you can rise above the previous section, 9642 ~ 10045.
We need to make sure we can get support at point 9274.
It is unknown whether the 'M' pattern will make the 'M' higher than the previous High.
The next most important point after the 8463 is 6840.5.
If it falls below the 9080.0 point, I think split trading is necessary to preserve profit and loss.
If it falls below 9463, then the next final point is likely to be 6840.5.
(USDT Dominance Chart)
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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 countermeasure 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.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Supported at points 8463 and 8625, it is rising.
We need to make sure we can rise above the downtrend line (1).
You should also check if you can rise above the uptrend line (2).
You should also check if you can rise above the previous section, 9642 ~ 10045.
We need to make sure we can get support at point 9274.
It is unknown whether the 'M' pattern will make the 'M' higher than the previous High.
The next most important point after the 8463 is 6840.5.
If it falls below the 9080.0 point, I think split trading is necessary to preserve profit and loss.
If it falls below 9463, then the next final point is likely to be 6840.5.
(USDT Dominance Chart)
----------------------------------------
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 countermeasure 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
Comment
The text displayed on the last line of the above"If it falls below the 9463 point, the next final point is likely to be 6840.5 points."
Change from 9463-> 8463.
Thanks again to Ge_Ne_SIS for letting me know.
Comment
Comment
(XBTUSD 1D chart.)The price of BTC is located in the section 9296 ~ 9556.
We need to make sure we can get support at point 9274.
You should also check if you can climb above 9544.
(XBTUSD 1h chart.)
You need to make sure you can get support above 9311.
Comment
If you can rise above 9481
You need to make sure you can get support on the blue line (9404).
You should also check for support at the Orange Line (9291) or 9274.
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