Bitcoin (BTC) - August 12 (1h)

11. Aug. 2020

Hello?
Dear traders, nice to meet you.

"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.

-------------------------------------------------- -----

It fell below the uptrend line (1) and 11516.5 points.
You should check if it can be located at least 11268.5 points after the time shown on the chart (August 12, 10:00 (UTC), 19:00 (KST)).

Also, we will see if it can rise above the 11516.5 point.


(XBTUSD 1D chart)

Touched the uptrend line (3).
We need to see if we can get support at the uptrend line (3) and at 11286.5.
If you touch the 10088.5-10300 interval or fall below the uptrend line (2), I think this uptrend is over.
If you get support at 10968, there's a chance there will be further gains.

-------------------------------------------------- ----------

(USDT Dominance 1D Chart)

August 10-16 is a period of volatility.
Around August 10th (August 9-11) is passing when volatility begins.
Around August 16th (August 15th-17th) there is a possibility of large volatility.
The maximum fluctuation range is 2.863-3.305.

-------------------------------------------------- -------------------------------------------

** 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.)