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Technical analysis by crypto_profile about Symbol BTC on 9/30/2024

https://sahmeto.com/message/3350588
crypto_profile
crypto_profile
Rank: 17917
1.5
،Technical،crypto_profile

Hello friends, if there is a significant price level loss in btc at 62700, the first will be the 59000-60000 range, if it does, we will look at that area again, but for it to fall to that area, btc needs to close below 62700 either daily or 2 4h candles. If such a closing does not come, we can expect the price to recover towards 64, but I am talking about if there is a rise from here before the closing above 64k, do not expect a recovery in the markets, my personal opinion is that this decline will continue until 61. IF CLOSINGS COME BELOW 60K, this time 44 or maybe 40 will be the price area I will wait for. Until then, intermediate movements can be seen until new areas show themselves. I will try to leave important levels. If there is a loss of support areas, a 50% or even more decrease can be expected below, for now, it is necessary to see what btc will do, as you know, there is one day left for the end of the month closing, the market will show itself. I still think that I invite you to be cautious, you can continue with your own game plan, but with the next decline, many people may stay inside again. We do not want anyone to face such a situation. I also advise our rocket friends not to get excited because they will shoulder the responsibility of many people. This is not investment advice. I have explained my game plan, I wish everyone good luck.

Translated from: Turkish
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Signal Type: Neutral
Time Frame:
4 hours
Price at Publish Time:
$63,197.1
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