Bitcoin (BTC) - April 25
Updated
Hello?
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.
--------------------------------------
Supported at 7435.
It is expected to be supported in the 7299 ~ 7435 range or higher, so there is a possibility of an additional increase.
Following the descending channel, an ascending channel was also formed.
The date and point are indicated by the flow indication for the channel in ascending order.
Even after April 26 (25 ~ 27), which is expected to have the first challenge, it is necessary to confirm whether it is supported at 7435.
Also, on April 26, you need to check whether you are heading to either the 7757 point or the 7060 point.
The downtrend line (2) is the trend line that started at the high price in 2019, and the downtrend line (3) is the trend line that started at the high price in 2017.
If you rise above the 7757 point, the 8214.5 point near the midpoint of the downtrend line (1) and the downtrend line (2) is likely to be a new key resistance point for the uptrend.
From May 2nd (1st to 3rd), you can cross the road near 7453.
At this point, I think it should be supported at point 7435.
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
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.
--------------------------------------
Supported at 7435.
It is expected to be supported in the 7299 ~ 7435 range or higher, so there is a possibility of an additional increase.
Following the descending channel, an ascending channel was also formed.
The date and point are indicated by the flow indication for the channel in ascending order.
Even after April 26 (25 ~ 27), which is expected to have the first challenge, it is necessary to confirm whether it is supported at 7435.
Also, on April 26, you need to check whether you are heading to either the 7757 point or the 7060 point.
The downtrend line (2) is the trend line that started at the high price in 2019, and the downtrend line (3) is the trend line that started at the high price in 2017.
If you rise above the 7757 point, the 8214.5 point near the midpoint of the downtrend line (1) and the downtrend line (2) is likely to be a new key resistance point for the uptrend.
From May 2nd (1st to 3rd), you can cross the road near 7453.
At this point, I think it should be supported at point 7435.
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
I don't know if it was properly expressed in English.
USDT dominance must fall below the 2.41 point in order to become like the fires of 2017.
Note
Note
Last update today.
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.