Hi, crypto traders. Because the sequential order is 100MA (black) > 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend of BTC is a Strong Downtrend now.
Target points in next week are as follows.
==Target Points== ◇BTC goes up: – 1st target: 46,000-48,000USD (Cross-point with 20MA) – 2nd target: 50,000USD (A nice round number) – 3rd target: 52,100USD (the last highest price, cross-point with 60MA)
◇BTC goes down: – 1st target: 39,600USD (the lowest price in 21st/Sep/2021) – 2nd target: 31,000USD (Cross-point with 100MA of weekly chart) – 3rd target: 30,000USD (A nice round number)
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