Bitcoin (BTC) - Trend check period (4th day)
Updated
It is expected to be an important day to confirm the support of the last uptrend line (5) and whether it will rise.
We must be supported by the uptrend line (5), and if we fall without support, we believe that the likelihood of a disappointing sell-off is very high.
To stop this, we need to get support at point 6784.
The mid- to long-term Stop-Loss is at 6543.
If I rise up above 7060 and get support, I think it will lead to the scenario I told you from April 9.
(Note) Support and resistance are based on the closing price on the 1D chart.
-----------------------------------------
[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 8th]
The flow of 1 and 2 is very important.
However, you must get support at point 7060.
---------------------------------------------
[From April 5]
----------------------------------------------
I think the current situation is not good enough to understand the overall flow of the coin market.
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.
I will try to reciprocate with better information.
Thank you for always supporting.
We must be supported by the uptrend line (5), and if we fall without support, we believe that the likelihood of a disappointing sell-off is very high.
To stop this, we need to get support at point 6784.
The mid- to long-term Stop-Loss is at 6543.
If I rise up above 7060 and get support, I think it will lead to the scenario I told you from April 9.
(Note) Support and resistance are based on the closing price on the 1D chart.
-----------------------------------------
[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 8th]
The flow of 1 and 2 is very important.
However, you must get support at point 7060.
---------------------------------------------
[From April 5]
----------------------------------------------
I think the current situation is not good enough to understand the overall flow of the coin market.
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.
I will try to reciprocate with better information.
Thank you for always supporting.
Note
If you receive resistance at 3.31 today and finish below 3.31, tomorrow is expected to show a better trend than today.
It would be better if you get resistance at 3.28 and below 3.28, but ...
Note
Note
last update.
Other content (coins, stocks, etc.) is frequently posted on X.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
X에 다른 내용(코인, 주식 등)이 자주 게시됩니다.
Related publications
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.