Bitcoin (BTC) - August 15 (Variability Period) (1h)

14 Ağu 2020

Hello?
Dear traders, nice to meet you.

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You should check if you can keep the price above 11516.5 points after the time shown in the chart.

If you get support in the 11516.5-11631.5 range, you're likely to climb above 11971.

If it falls from the 11516.5 point, it is likely to touch 10968 points or less.


(XBTUSD 1D chart)

It remains to be seen if the price can hold above the 11516.5 point during the volatility period on the XBTUSD chart (14-16 Aug).
You also need to see if you can get support at the uptrend line (3).

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(CME BTC1! 1D chart)

Closed at the 11870 branch.

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(Binance BTCUSDT 1D Chart)

It remains to be seen if it can rise above the 11879.95 point.
If it falls, we need to see if we can get support at 11392.08.

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(Bithumb BTCKRW 1D chart)

You need to make sure you can get support at point 13701000.
If supported, it is likely to touch more than 14308000 points.
If you don't get support, it's likely to touch 12918000 points or less.

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Coin market volatility period (August 14-17).
Therefore, I think careful trading is necessary.
I think it is better to observe the flow rather than rushing to trade according to the price flow.
I think this is a time when only minimal trading is possible to preserve profit and loss.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)

15 Ağu 2020

Not

(XBTUSD 1h chart)

It is not expected to be easy to break through the 11887 and 11944.5 points.
The reason is that it failed to break through the 11971 point.
In order to try again at 11971, we need to make sure we can get support at 11631.5.