CME Bitcoin (BTC) - June 3 (Volatility period June 2~4)

2 cze 2020

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There is no gap today.

Touch the section A and Open is formed at the current position.

We need to make sure we can get support at point 9470.
You should also check for support on the uptrend line (2).

This is the second day of the volatility period (June 2-4).

The most important thing in the current situation is whether you can get support at 9470 and rise above 9720.

If during the period of volatility, volatility occurs within section A (10460~10670) to section B (8915~9180), I think it is good to stop trading for a while and check the situation.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits 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