You need to make sure you can get support at point 18719.11. If it falls without support at 18719.11, it may fall below the 17892.0 point, which is a short-term stop loss.
From the wRSI_SR indicator, the RS line is attempting to break above 50 points. Also, the SR line is trying to change direction. We need to make sure that BTC price defenses are in place to allow the rise to continue.
** 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 profit generation 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 should trade from a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
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