Technical analysis by Kriptomandala about Symbol BTC on 5/11/2023
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I drew attention in my previous sharing May 12 We approached the history. The withdrawals underneath have accelerated and the market will only be shaped according to the future movement. Although there is a decomposition in some coins, we are in a risky time range in general. As a total volume, the market volume has a negative appearance. In the A1 region movement, the blue zone has been important for months as a risky region of $ 400, $ 400. It will give us clear signals to remain under or above this area. You can interpret the situation I explained in the A1 region in the same way in A2. Two levels can give you ideas in terms of making you convenience in my sharing. Upper value at 4h closes above green line value You can interpret it as a movement to the support level at 4H closes under red value. I wish everyone to have a pleasant weekend. Stress -free positive life.4H closing is below 27261 below $ 2 for the first time after a hard decline movement can come into the area we have entered into the region now everyday closing here will show us the situation tomorrow. For a while, the blue zone will work as support. We have entered into the blue zone. Unless the closing of 4H below $ 27260, there may be an upward movement attempt. The $ 27675 level is an important level of resistance for now. Staying under the blue zone this time A2 at the level of $ 25587. As long as the A1 Blue Area cannot enter the Blue area, movement into the A2 region can be seen by paying attention to $ 26611.
