Bitcoin (BTC)-April 21 (conversion to downward trend)
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You touched the section 6784.0 ~ 6854.
Now I think it has shifted from an upward trend to a rebound.
Accordingly, we believe that trading is necessary to preserve profits and losses.
The top section of the rebound is expected to be between 7299 and 7435, and if you touch point 7757, it will still be a good rebound.
If you climb above the 6946.0 point around April 22, it may be the start of a rebound, but careful trading is necessary.
In the period 4969.5 ~ 5255, near the long-term uptrend line (6), it is expected to be able to buy to get profit in the next rebound.
However, we believe the full purchase is below the long-term uptrend line (6).
(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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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.
-------------------------------------------------- ----
You touched the section 6784.0 ~ 6854.
Now I think it has shifted from an upward trend to a rebound.
Accordingly, we believe that trading is necessary to preserve profits and losses.
The top section of the rebound is expected to be between 7299 and 7435, and if you touch point 7757, it will still be a good rebound.
If you climb above the 6946.0 point around April 22, it may be the start of a rebound, but careful trading is necessary.
In the period 4969.5 ~ 5255, near the long-term uptrend line (6), it is expected to be able to buy to get profit in the next rebound.
However, we believe the full purchase is below the long-term uptrend line (6).
(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.
-----------------------------------------
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
Anmerkung
Anmerkung
Tether dominance doesn't tell you everything.
You need to check the flow of funds.
It is necessary to check whether the triangle convergence will lead to a decline.
Anmerkung
Anmerkung
The time chart of the previously posted chart is in KST, so change it back to UTC time and post.sorry.
Other content (coins, stocks, etc.) is frequently posted on X.
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