Bitcoin (BTC) - June 7 (1h)

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It is moving while touching the uptrend lines (3) and (4).
See if you can do sideways by climbing above 9728.5.
You should also watch for support from the uptrend line (3).

High volume profile section (9415~9728.5): When in this section, 9544.5 points act as support and resistance points.

Please see the analysis published yesterday for more information.

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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 countermeasure 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
Nota
(Binance BTC futures chart)
snapshot
With support at the 9591.11 point, we have to watch if it can rise around June 9th (June 8~10).
Nota
(XBTUSD 1D chart.)
snapshot
It is supported by the downtrend line (3) and resisted by the uptrend line (4).
We need to check whether it will spread like this.
It is also necessary to check if there is a large movement due to volatility around June 10 (June 9-11).
Nota
(USDT dominance chart.)
snapshot
We need to check if it will fall below 3.39 points along the descending channel.
Nota
snapshot
I think spreading is shaking up and down, making traders unconscious.
I think the results of this spread will be confirmed around June 10 (June 9-11).
Spreading in a small section may not mean much, but it is in a high section, so I think it is good to be careful.
Nota
snapshot
Watch if it is possible.
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTChart PatternsTechnical IndicatorsTrend AnalysisXBTUSD

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