BTC/USDT 4h simple analysis in 4th/May
Hi, crypto traders.
BTC is in a sideways market.
Once the price broke my target: 58,500USD and went up, but it bounced around 59,000USD. Unfortunately, the negative candle broke 20h (red) line and 80h (blue) line together.
Then, the price broke my 1st target: 56,000USD, but it bounced from my 2nd target: the cross point with 240h (green) line.
If the price will break 240h (green) line to lower side, the trend will be Strong Downtrend.
=TODAY’s Check Points=
- The price will break 54,500USD? (cross point with 240h line)
- The candle changes to positive and will break 80h (blue) line?
=TODAY’s Target Price=
BTC goes up:
1st target: 57,000USD
2nd target: 59,000USD
3rd target: 65,000USD
BTC goes down:
1st target: 54,500USD (cross point with 240h line)
2nd target: 52,300USD
3rd target is 46,900USD
Enjoy your trading.
#Latest news:
COINTELEGRAPH: cointelegraph.com/
#Recommended crypto exchange:
BINANCE: binance.com/en
BTC is in a sideways market.
Once the price broke my target: 58,500USD and went up, but it bounced around 59,000USD. Unfortunately, the negative candle broke 20h (red) line and 80h (blue) line together.
Then, the price broke my 1st target: 56,000USD, but it bounced from my 2nd target: the cross point with 240h (green) line.
If the price will break 240h (green) line to lower side, the trend will be Strong Downtrend.
=TODAY’s Check Points=
- The price will break 54,500USD? (cross point with 240h line)
- The candle changes to positive and will break 80h (blue) line?
=TODAY’s Target Price=
BTC goes up:
1st target: 57,000USD
2nd target: 59,000USD
3rd target: 65,000USD
BTC goes down:
1st target: 54,500USD (cross point with 240h line)
2nd target: 52,300USD
3rd target is 46,900USD
Enjoy your trading.
#Latest news:
COINTELEGRAPH: cointelegraph.com/
#Recommended crypto exchange:
BINANCE: binance.com/en
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.