Bitcoin (BTC) - April 17~24 (strong resistance section)
Hello?
Dear Traders, Nice to meet you.
The trend check period ended early.
Now we need to see if it can lead to an upward trend.
We will have time to talk about the predicted flow.
The prerequisite for any analysis is that it should be above point 7060.
The condition is that the 1D closing price must be created above point 7060.
The last support point for the downturn is 6946.
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The upward trend line (3) and 50 EMA are crossing.
Before and after April 11:00 (UTC), you need to see if you can get support by rising above the upward trend line (3) and 50EMA on the 1D chart.
This upward trend line (3) is a meaningful trend line in the flow of BTC. I've said this about the uptrend line (3).
There is another tough resistance line as you climb above the uptrend line (3) and 50 EMA. Just 7299 points overlapped with 700EMA on the 1D chart, forming a difficult-to-break resistance band.
Between April 17th and April 21st, which forms the section between these two points, a strong uptrend has emerged, and it is necessary to rise above the 7435 point of the uptrend transition point.
If you can't rise above the 7435 point during the above period, you're likely to fall below the 7060 point on April 24th, turning into a downward trend.
If you can get that support by climbing above point 7435 so hard, you're expected to have the power to rise above point 9080.
(Reference)
Support and resistance are based on the closing price on the 1D chart.
The EMA (Moving Average Exponential) displayed on the 1h chart is the EMA (Moving Average Exponential) on the 1D chart.
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(Expected trend from April to May)
The key point is whether you can gain support by rising above the downtrend line (3).
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(From April 9th)
From April 10th to April 17th (9th-18th), it is expected to be the most important period in the 7K range, and it is expected to be sideways.
In the middle, you need to check that you can touch or climb the 7757 point around April 14th (13th-15th).
If you touch or rise to point 7757 during this period, the trend check for the critical period ends.
You have to be cautious about trading as you will be in a critical period.
If possible, we recommend that you pause trading and check trends.
I think it's a period that requires only minimal trading to preserve your profits.
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(From April 7th)
The flow of 1 and 2 is very important.
However, you must get support at point 7060.
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(From April 5th)
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Accordingly, it is 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
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"Like" is a great power for me.
We will try to reciprocate with better information.
Thank you for always supporting.
Dear Traders, Nice to meet you.
The trend check period ended early.
Now we need to see if it can lead to an upward trend.
We will have time to talk about the predicted flow.
The prerequisite for any analysis is that it should be above point 7060.
The condition is that the 1D closing price must be created above point 7060.
The last support point for the downturn is 6946.
----------------------------------------
The upward trend line (3) and 50 EMA are crossing.
Before and after April 11:00 (UTC), you need to see if you can get support by rising above the upward trend line (3) and 50EMA on the 1D chart.
This upward trend line (3) is a meaningful trend line in the flow of BTC. I've said this about the uptrend line (3).
There is another tough resistance line as you climb above the uptrend line (3) and 50 EMA. Just 7299 points overlapped with 700EMA on the 1D chart, forming a difficult-to-break resistance band.
Between April 17th and April 21st, which forms the section between these two points, a strong uptrend has emerged, and it is necessary to rise above the 7435 point of the uptrend transition point.
If you can't rise above the 7435 point during the above period, you're likely to fall below the 7060 point on April 24th, turning into a downward trend.
If you can get that support by climbing above point 7435 so hard, you're expected to have the power to rise above point 9080.
(Reference)
Support and resistance are based on the closing price on the 1D chart.
The EMA (Moving Average Exponential) displayed on the 1h chart is the EMA (Moving Average Exponential) on the 1D chart.
-----------------------------------------
(Expected trend from April to May)
------------------------------------------
(From April 9th)
From April 10th to April 17th (9th-18th), it is expected to be the most important period in the 7K range, and it is expected to be sideways.
In the middle, you need to check that you can touch or climb the 7757 point around April 14th (13th-15th).
If you touch or rise to point 7757 during this period, the trend check for the critical period ends.
You have to be cautious about trading as you will be in a critical period.
If possible, we recommend that you pause trading and check trends.
I think it's a period that requires only minimal trading to preserve your profits.
-----------------------------------------
(From April 7th)
However, you must get support at point 7060.
---------------------------------------------
(From April 5th)
-----------------------------------------
Accordingly, it is time to focus on selling rather than buying to preserve profits.
----------------------------------------
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
----------------------------------------
"Like" is a great power for me.
We will try to reciprocate with better information.
Thank you for always supporting.
Comentário:
The direction of direction is approaching.
Check your own trading strategy for rising and falling in advance.
The direction of direction is approaching.
Check your own trading strategy for rising and falling in advance.
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
We need to see if this can fall beyond this week.