Technical analysis by Samer_Krema about Symbol BTC on 5/15/2021

Samer_Krema
تحليل متوسط إلى قصير المدى لرمز BTCUSD

The price is trying to test the upper resistance lines at the levels: - 54300 - 55675 - 58114 If it succeeds in breaching the 59800 level, then it will continue the march upwards to test the price of 64820 and will attempt to break it on more than one occasion. However, if it fails at the first line of defense (first resistance) or one of the resistance levels here, the price will fall strongly to 48920 as the first support point to gather purchasing momentum to rise again, and unless the price obtains the appropriate momentum to rise again from this level here, it will fail and complete the decline process to search for stronger support, which is represented by the price of 44040. There is a 78% probability that this level will be broken strongly because the price is looking for very strong levels, which are: The following prices: - 41000 - 34400 - 27200 Yes, these levels are 60% likely that the price will work to reach them during the months of July and September of this year 2021, unless it succeeds in breaking the price level 64820-64895 to the upside. For traders, we recommend trading with caution, and in the case of buying, target resistance points, take profit at each level, and work to change the stop loss to reduce the risk. This is a comprehensive reading of the general situation of the BTCUSD symbol and is very brief for traders, wishing everyone success and abundant profits. {This is a preliminary analysis of the price behavior of the BTCUSD symbol, and the risks of trading in the cryptocurrency market must be taken into account and trading with caution}.