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Bitcoin CME Futures (BTC1!) - April 24

CME:BTC1!   Contrats à terme sur Bitcoin CME
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We are starting today with a very small gap.
Touch the 7760 point and the candle started at the 7690 point.

For further gains, support is required at 7485.

Also, you need to make sure you can climb above the 7760 point.

I told you in the previous article that you have formed a descending channel.

To get out of this descending channel and see if it was the next short-term rebound or the 'Pull Back' pattern, it is expected that you will know if you are supported by rising above 7760 points.


See support, resistance, and abbreviation points.

(Gap refers to the increase in price during the closing period due to opening and closing on the CME exchange.
Gaps occur every day, every week.)
 
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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

[Example of exchange chart setup]

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

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