Bitcoin (BTC) - April 23
Updated
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In order to ascend, you must be supported at 7060.
After April 24th (23th-25th), you need to make sure you support 7060.
Also, it is necessary to check whether the 7435 point can be touched.
Trading is possible in order to get a return on the short-term rise.
However, it is possible under the premise that it will not fall below the 7060 point, and careful trading is necessary. (Long Position-7115.5 ~ 7299, 7435)
If it falls below the 7060 point, there is still a risk of rising expectations for the short position (7060 ~ 6946, 6854).
See support, resistance, and abbreviation points.
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It's 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
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
In order to ascend, you must be supported at 7060.
After April 24th (23th-25th), you need to make sure you support 7060.
Also, it is necessary to check whether the 7435 point can be touched.
Trading is possible in order to get a return on the short-term rise.
However, it is possible under the premise that it will not fall below the 7060 point, and careful trading is necessary. (Long Position-7115.5 ~ 7299, 7435)
If it falls below the 7060 point, there is still a risk of rising expectations for the short position (7060 ~ 6946, 6854).
See support, resistance, and abbreviation points.
----------------------------------------
It's 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
Note
It requires careful trading.
Note
The long position has been broken so vainly.
Let's check what will happen to the short position.
Note
You need to touch the approximate RSI 50 point and see what flow will come out.
Note
As mentioned in the previous analysis, I mentioned that it is important to be able to get support at 7060 after April 24th.
However, since I touched below the 6854.0 point and climbed, I think the upcoming rise will be only a rebound.
Accordingly, we believe that careful trading is necessary.
Note
Wow ~ Good ...
You need to make sure you can get resistance below 3 points.
Note
As I said before, I'm expecting a top 7757.
If it was a trick to fall below 6854 and then rise, there is a chance that it will rise to the 9K level.
Note
We must resist by falling below the 3.01 point, the primary condition for ascension.
We need to check if we can fall below the second condition, the 2.86 point.
In addition, the final condition is to fall below the 2.41 point.
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