Bitcoin (BTC) - Can I rise above the minimum of 9481 points?(1h)

2020年6月18日

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It is falling at the intersection of the uptrend line and the downtrend line after June 18, 09:00 (UTC).

We need to make sure we can get support at point 9274.

If you get support at point 9274, you must rise above the uptrend line (5), that is, above point 9481.

If you drop at 9274, you are likely to touch 5EMA on the 1M chart.

Since it is within the maximum fluctuation range (A section ~ B section) mentioned earlier, I think it can rise at any time, and it can fall at any time.

(1D chart)


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(OKEX BTCUSDTPERP 1D chart)

Located near the uptrend line (1).
It should rise quickly and rise above the 9399.8 point.
If it doesn't rise, it is likely to fall below the 9148.5 point.

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(Binance BTCUSDTPERP 1D chart)

It is falling on the uptrend line (3).
We need to make sure we can quickly rise above the uptrend line (3).
If it doesn't rise, it is likely to drop below 9204.

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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 where purchase is possible to generate profits as a support point or section

2020年6月18日

注释

(USDT Dominance Chart)

Touched 3.55 point twice.
I don't know when the 3rd challenge will be, but if you break through the challenge, there is a chance you can touch the 3.72 point.
If the third challenge fails, there is a chance that it will drop below 3.39.
I think the third challenge is when volatility occurs.

2020年6月19日

注释

(USDT Dominance 1h Chart)

It broke the 3.55 point and rose.

(BTC Dominance 1D Chart)

I think the BTC Dominance Chart influences Altcoin's price rise and fall.
I think that if the BTC dominance chart goes up, the prices of altcoins will go down.

We are slightly off the short-term uptrend line (1).
You need to make sure you can drop below the 65.89 point.