We received support from the uptrend line (5) and rose.
You must get support at point 6946. Also, it should rise above 7060.
Even after the critical time frame (shown on the chart), you need to make sure you can get support and climb at 6946.
If you can gain support by rising above the downtrend line (3), you are expected to start rising to challenge the 7757 point.
It is in the middle of the transition check period (April 10-17). We look forward to rising above the 7435 point around April 14th (13th-15th).
(Note) Support and resistance are based on the closing price on the 1D chart.
XBTUSD 1D chart.
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(From April 9th) From April 10th to April 17th (9th-18th), it is expected to be the most important period in the 7K range, and it is expected to be sideways. In the middle, you need to check that you can touch or climb the 7757 point around April 14th (13th-15th). If you touch or rise to point 7757 during this period, the trend check for the critical period ends.
You have to be cautious about trading as you will be in a critical period. If possible, we recommend that you pause trading and check trends. I think it's a period that requires only minimal trading to preserve your profits.
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(From April 7th) The flow of 1 and 2 is very important. However, you must get support at point 7060.
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(From April 5th)
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I think the current situation is not very good to understand the overall flow of the coin market.
Accordingly, it is time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart R: Resistance point or section, where a counter 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
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XBTUSD: Must be supported at the uptrend line (5) CME: Must be supported at 6860 USDT.D: must be in the 3.31 ~ 3.34 section
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I fell without support at the point I needed to support. A response is needed to preserve revenue. Always split trading is one of the smartest ways to trade.
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You touched a suspicious spot. It is expected to continue the downward trend until it falls below the 3.34 point.
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If you fall below the 6543 point, you must get support in the first leg (6204 ~ 1K EMA). If you don't get support at this time, I think you can't trade for a while. Therefore, absolutely support is required at point 6543.
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Check the support points and resistance points.
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We are trying to provide a chart that allows analysis and trading at the same time. Watch the many horizontal lines displayed on the chart. If you are always with me, I think my chart will catch your eye. Thank you.
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It must be supported at 6784 on the XBTUSD chart. If you are supported by the U-turn, you are very likely to rise.
You must resist at point 3.34 of the USDT.D chart.