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XBTUSD - April 7

BITMEX:XBTUSD.P   Bitcoin
We have to see if we can move above the 59029.0 point as we break off the downtrend line.

If it falls, you need to make sure you get support at 55828.0.

If it falls in the 55828.0 section, a short Stop Loss is required.
However, you need to trade carefully as you can move up after touching the 48214.0-50752.0 section or the uptrend line (1).

If it falls from the 45211.0 point, a Stop Loss is required to preserve profit and loss.
However, you need to trade carefully as you can touch the uptrend line (8) and rebound.


If the CCI line falls below 100 points on the CCI-RC indicator, volatility may occur, so careful trading is necessary.
We must touch the uptrend and downtrend lines drawn on the CCI-RC indicator and see if we can rise above the EMA line and continue the uptrend.

[Example of exchange chart setup]

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

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