Technical analysis by seanwevers36247 about Symbol BTC on 5/2/2024
https://sahmeto.com/message/3309156
seanwevers36247
Rank: 486
Analytical Power:
3.0

very clear S/R level that will determine new ATHs, or a pulldown to the low 40k levels, possibly looking for a real backtest of the 31k level. Break of this powerful support level at 52k will significantly reduce the chances for a strong bull. 52k must hold for easy long positions to maintain. A break of this level offers no real support till 42k, and 31k next.
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Signal Type: Neutral
Time Frame:
4 hoursPrice at Publish Time:
$57,280.62