Technical analysis by sercecumali about Symbol BTC on 5/6/2024
According to the graph, manipulation in the field of middle accumulation launched a price return movement and proceeded to 64,000 levels. Falling trend breakage did not fully occur in the market is still in the interior structure bearish form. ORDER Blok and OTE areas with MB may be tested after the grocery breakdown. If the movements in these areas are significant moments, the region with an target area can be targeted. Red areas will be treated as resistance. On the way back, the daily BPR and IOFED area can work as support. 0.50 lines under the Discount is the area, while it creates an expensive (premium) area. After the fall of April, will the damage minimism be made in reverse poses, will the target be waiting and profit, or will the next movement be expected by watching the decline again? We will see by watching.