Bitcoin (BTC) - April 16 (8th) (1h)

Atualizado
Hello?
Dear Traders, Nice to meet you.

I'm sick, so I don't think I can update it often.
Please understand.

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On March 21st, MACD was "gold cross" with the signal line, and on April 7, MACD rose above the zero point.
Around April 13, the signal line also rose above the zero point.
However, the MACD Oscillator is decreasing.

RSI is falling below 50 points.

The trend check period is from April 10 to April 17 (9 to 18).
If we don't get support above the 6543 point during this period, we expect it to be very likely to fall.

In addition, you must rise above 7060 or above the uptrend line (3).
I don't think it should be, but I think it should be supported above point 6946.

Today's important points are 6946 and 6543.

You should check the movement of the BTC at the critical times indicated on the chart.

Like yesterday, there is a possibility of sideways on sections 6784.0 ~ 6946.0 and 6688.5 ~ 7060.0.

(Note) Support and resistance are based on the closing price on the 1D chart.

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(Expected trend from April to May)
snapshot
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)
snapshot
The flow of 1 and 2 is very important.
However, you must get support at point 7060.

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(From April 5th)
Bitcoin (BTC) - April 5


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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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Thank you for always supporting.
Nota
snapshot
I think USDT was newly issued enough to rise to GAP, but it is rising toward the "GAP TOP" branch.

It's climbing above the 3.40 point, the "Suspicious point".

We need to check whether it will rise above the 3.50 point, the "GAP TOP" point.
Nota
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Nota
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In the 1W chart, point 6204 is the key point.
However, I think that if it goes down to 6204, it is highly likely that it will turn into a downward trend.
Accordingly, support and ascent must be made near point 6543.
Nota
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Nota
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You should check the movement after the indicated time zone.
Nota
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Nota
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Since it fell below 3.28, it must be finished at 3.28.
If it rises above the 3.28 point, I think a quick response is necessary.
Nota
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Touched above 7060 point.
Everything was initialized.
Trading is now possible according to the abbreviations shown on the chart.
The closing price should be created today above point 7060.
Nota
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To continue the further uptrend, the closing price must be created above 7060.
If it is not created above the 7060 point and is created for the 6946 point, I think it is more likely to end in a rebound, not an upward trend.
The rebound point is expected to be between 7299 and 7435.
Nota
snapshot
There is a typo, so correct it and post it again. Sorry.

To continue the further uptrend, the closing price must be created above 7060.
If it is not created above point 7060 and above point 6946, I think it is more likely to end in a rebound, not an upward trend.
The rebound point is expected to be between 7299 and 7435.

The trend check period has ended by touching above the 7060 spot today.
Last update today.
Thank you.
Bitcoin (Cryptocurrency)BTCUSDBTCUSDTChart PatternsTechnical IndicatorsTrend AnalysisXBTUSD

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