Bitcoin CME Futures (BTC1! )- April 17

Hello?
Dear Traders, Nice to meet you.

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There are three recent gaps.
1: 7160 ~ 7290
2: 8265 ~ 8645
3: 9980 ~ 10200

You need to check which gap you can fill.

On the CME chart, the point of transition to an upward trend is 7485.

If you climb above 7485, the second gap is expected to touch smoothly.

Indeed, we need to check whether the 8645 point can be touched around May 1 (April 30-May 2) when the long-term downtrend line (2) and the uptrend line (1) intersect.

You must get support at point 7045.
If it falls below 7045 this time, it is expected that it will take longer to rise again.

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It's time to focus on selling rather than buying to preserve profits.

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Description of abbreviations shown in chart
R: Resistance point or section, where a counter 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

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Bitcoin (Cryptocurrency)bitcoincmefuturesBitcoin FuturesBTCUSDBTCUSDTChart PatternsTechnical IndicatorsTrend AnalysisXBTUSD

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