Bitcoin - July 19 (Let's make use of the opportunity to rebound)

18 Jul 2020

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You need to make sure you can get support at the short-term support point, 9161.

You should also watch to see if you can rise above the 9185 short-term resistance point.

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(Binance BTCUSDTPERP 1D chart)

You need to make sure you can get support at the short-term support point, 9164.33.
Watch to see if you can rise above 9204.

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(OKEX BTCUSDTPERP 1D chart)


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(Bithumb BTCKRW 1D chart)

You need to make sure you can get support at the 10870000 short-term support point.
Also, you need to make sure you can rise above the downtrend line.

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(Bitstamp BTCUSD 1D chart)

You should watch for volatility around July 19th (July 18th-20th).
We need to make sure we can climb above 9222.9.
You should also check to see if you fall and get support at 9076.91.
The maximum fluctuation range is 8601.09-9834.11.

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(CME BTC1! 1D chart)

I think I got a chance to rebound from BTC as it was closed at more than 9180 points.

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(USDT Dominance 1h Chart)

We are resisting at 3.48 and falling.
We need to see if we can fall below the uptrend line (2) or below the 3.39 point.


(BTC Dominance 1D Chart)

We need to see if we can fall below the 63.38 point or below the downtrend line (1).

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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: Resistance point or section, where a countermeasure 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