Bitcoin CME Futures (BTC1!) - May 12
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Today's gap is 8795 ~ 8680.
We need to make sure that there can be movement to fill the gap.
It started at about 8720 or less, which is three quarters of Low (4210) on March 13 to High (10220) on May 8.
We need to make sure we can rise above the 8720 point.
You should also check for possible movements to fill the gap.
We need to see where the closing price in the 1D chart on May 12 is generated.
This is expected to play an important role in understanding the future trend.
It is also necessary to check whether it will fall to 8645 ~ 8265, which was the former gap section, or 8100 ~ 7990, which is the approximate section where EMA is concentrated.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A 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
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Today's gap is 8795 ~ 8680.
We need to make sure that there can be movement to fill the gap.
It started at about 8720 or less, which is three quarters of Low (4210) on March 13 to High (10220) on May 8.
We need to make sure we can rise above the 8720 point.
You should also check for possible movements to fill the gap.
We need to see where the closing price in the 1D chart on May 12 is generated.
This is expected to play an important role in understanding the future trend.
It is also necessary to check whether it will fall to 8645 ~ 8265, which was the former gap section, or 8100 ~ 7990, which is the approximate section where EMA is concentrated.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A 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
GAP is the difference in price that occurred when a CME exchange is closed because it is not a 24-hour transaction.
G1: closing price when closed
G2: market price when opening
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