CME Bitcoin (BTC1!) - August 17

16 Agu 2020

Hello?
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Today's gap is 11935-11950.

We'll see if we can climb above 12040 to fill the previous gap.

You need to make sure you can get support at 11850 point.

If you get support at 11850 and the uptrend line (1), you're likely to touch 12130-12270.

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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.)

GAP refers to the difference in price that occurred when the CME Exchange was closed because it was not trading 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening