Bitcoin (BTC) - June 8 (1W)
Updated
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The movement is coming out while crossing the high volume profile section (9415~9728.5).
The movement is coming from the 9415~9728.5 section, so what you can expect is that there is a possibility that it will rise above 10088.5.
However, if you fall without support, there is a possibility that you will fall to the 8463~8870 range or lower.
If you touched 9728.5, it's a good idea to get support above 9728.5.
You need to make sure you can get support at point 9728.5.
When we are out of section A (10968~11516) and section B (9463~8870), we believe that careful trading is necessary.
We have to watch this week to see if there's any movement above 9274.
When trading major or altcoins, I think you should be able to approach daily trading or short-term trading to prepare for sudden decline.
It's good to try to get a lot of profit, but I think it's good to be prepared for the downturn because BTC's current price range is high.
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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 countermeasure 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.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
The movement is coming out while crossing the high volume profile section (9415~9728.5).
The movement is coming from the 9415~9728.5 section, so what you can expect is that there is a possibility that it will rise above 10088.5.
However, if you fall without support, there is a possibility that you will fall to the 8463~8870 range or lower.
If you touched 9728.5, it's a good idea to get support above 9728.5.
You need to make sure you can get support at point 9728.5.
When we are out of section A (10968~11516) and section B (9463~8870), we believe that careful trading is necessary.
We have to watch this week to see if there's any movement above 9274.
When trading major or altcoins, I think you should be able to approach daily trading or short-term trading to prepare for sudden decline.
It's good to try to get a lot of profit, but I think it's good to be prepared for the downturn because BTC's current price range is high.
------------------------------------------------
** 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 countermeasure 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
Note
I think it is a very important point.
Check support and resistance points.
BTC is currently sideways on sections 9317-10088.5.
Note
(USDT dominance chart.)Note
(Binance BTC futures chart.)Check support and resistance points.
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