Bitcoin (BTC) - Uptrend transition point (7435) - April 19 (1h)
Updated
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It rose above the downtrend line (3).
It is also rising along the uptrend line (5).
Even after April 19, 14:00 (UTC), you still need to make sure you are supported above the uptrend line (5) and point 7299.
The S-L display continues to increase.
It is time to trade to preserve profits and losses.
(Reference)
Support and resistance are based on the closing price on the 1D chart.
The EMA (Moving Average Exponential) displayed on the 1h chart is the EMA (Moving Average Exponential) on the 1D chart.
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(Expected trend from April to May)
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 14 (13-15).
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)
The flow of 1 and 2 is very important.
However, you must get support at point 7060.
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(From April 5th)
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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
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.
-------------------------------------------------- ----
It rose above the downtrend line (3).
It is also rising along the uptrend line (5).
Even after April 19, 14:00 (UTC), you still need to make sure you are supported above the uptrend line (5) and point 7299.
The S-L display continues to increase.
It is time to trade to preserve profits and losses.
(Reference)
Support and resistance are based on the closing price on the 1D chart.
The EMA (Moving Average Exponential) displayed on the 1h chart is the EMA (Moving Average Exponential) on the 1D chart.
-----------------------------------------
(Expected trend from April to May)
The key point is whether you can gain support by rising above the downtrend line (3).
------------------------------------------
(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 14 (13-15).
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 7th)
The flow of 1 and 2 is very important.
However, you must get support at point 7060.
---------------------------------------------
(From April 5th)
-----------------------------------------
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
Note
We need to make sure that we can continue to drop to the 2.86 point at the beginning of the gap.
You haven't seen a lot of USDT dominance charts, but you have to watch the flow of funds to know when to get out and when to get in.
Note
Last update today.
You should check if you can get support on the downtrend line (5) after the time indicated on the chart.
You should also see if you can climb above 7299.
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