Bitcoin (BTC) - July 2 (Can I make a U-turn???)
Updated
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Around July 2nd (July 1st-3rd), it is necessary to check whether it can rise above the 9274 point or the downtrend line (3).
We need to check if we can rise above the downtrend line (3) even if we cannot rise above the 9274 point.
I think there is a possibility to touch the 8463 point if the climb fails.
If you climb above 9274, you must get support at 9274.
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(Binance BTCUSDTPERP 1D chart)
As soon as I am off the downtrend line (4), I am rising above 9204.
After July 3rd (July 2nd-4th), it is necessary to check if it can rise above the 9204 point.
If you fall below the 9204 point, you need to make sure you are supported by the downtrend line (4).
If it still falls below the 9204 point or the downward trend line (4) after July 3rd (from July 2nd to 4th), it is likely to fall below the 8837.10 point.
If you are located above 8837.10 by July 8th (July 7th-9th), you are expected to try again.
If you get support at point 9204, you are likely to rise above 9397, and I think you are likely to create a new uptrend.
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(OKEX BTCUSDTPERP 1D chart)
We need to make sure we can get support at point 9148.5.
In addition, you need to make sure you can rise above the 9399.8 point for the new uptrend.
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(Bithumb BTCKRW 1D chart)
We need to make sure we can climb above 11210000.
You should also make sure you get support at 10727000 points.
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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 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.
--------------------------------------
Around July 2nd (July 1st-3rd), it is necessary to check whether it can rise above the 9274 point or the downtrend line (3).
We need to check if we can rise above the downtrend line (3) even if we cannot rise above the 9274 point.
I think there is a possibility to touch the 8463 point if the climb fails.
If you climb above 9274, you must get support at 9274.
---------------------------------------
(Binance BTCUSDTPERP 1D chart)
As soon as I am off the downtrend line (4), I am rising above 9204.
After July 3rd (July 2nd-4th), it is necessary to check if it can rise above the 9204 point.
If you fall below the 9204 point, you need to make sure you are supported by the downtrend line (4).
If it still falls below the 9204 point or the downward trend line (4) after July 3rd (from July 2nd to 4th), it is likely to fall below the 8837.10 point.
If you are located above 8837.10 by July 8th (July 7th-9th), you are expected to try again.
If you get support at point 9204, you are likely to rise above 9397, and I think you are likely to create a new uptrend.
---------------------------------------------
(OKEX BTCUSDTPERP 1D chart)
We need to make sure we can get support at point 9148.5.
In addition, you need to make sure you can rise above the 9399.8 point for the new uptrend.
-----------------------------------------
(Bithumb BTCKRW 1D chart)
We need to make sure we can climb above 11210000.
You should also make sure you get support at 10727000 points.
-------------------------------------------------- ----------------------
** 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 that can be purchased for profit generation as a support point or section
Note
(USDT Dominance 1D Chart)It is necessary to check if it can fall below the uptrend line from July 2nd to 5th.
If you can't fall below the 3.48~3.50 section, you're likely to rise above the 3.72 point.
Note
(XBTUSD 1h chart)It is necessary to check if the force can be raised and raised between 1D 50EMA and 1K EMA.
It seems that all EMAs will converge sooner or later, whether they are converging naturally or forcibly.
5, 20, 50, 100, 200, 300, 500, 700, and 1K EMA often converge and spread on the 1h chart.
Few cases converge to 2K EMA and 3K EMA.
We need to watch the movement of all EMA convergence this time.
Note
(BTC Dominance 1D Chart)It fell below the 65.89 point.
You still need to make sure you can get resistance at 65.89.
I think there is a high possibility of volatility from July 6th to 22nd.
This volatility is a volatility related to the rise and fall of altcoins.
In order for Altcoin's price to rise, it must drop towards 63.38.
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