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Technical analysis by AmirAli4bdi about Symbol BTC on 5/4/2024

https://sahmeto.com/message/3367515
AmirAli4bdi
AmirAli4bdi
Rank: 10584
1.6
،Technical،AmirAli4bdi

This is an update to the previous Bitcoin analysis.I just tweaked trendline number two a bit here.It looks like we are still in a bearish market and prices tend to fall though.Therefore, I continue to move up and down according to the price range. If we lose the support of $60,000 with a suitable candle, we expect a drop to $53,000, and if we lose the support, we expect to reach the $44,000 range.If the trend line number two is broken and we have a proper confirmation, I predict a rise to the resistance of $74,000, and if the resistance is broken, it will rise to the $90,000 range. However, forecasting in technical analysis is not the right thing and there are many factors that influence the formation of the trend.Be successful and profitable.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$64,139.73
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