readCrypto

Bitcoin - Trends

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BITMEX:XBTUSD.P   Bitcoin
We believe the downside correction is due to the failure to break above 9375.

-1H chart-
50MA was touched.
When the 100MA rises near point 9080, it is expected to touch the 100MA and rise.
If the downside is at 9080, there is a possibility to touch 300MA.

-1D chart-
It is expected to touch 5MA.
Check if you can get support at 9080.
If you climb above 9375, you should also check if you can touch the downtrend line.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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