Technical analysis by suleymankumyol about Symbol BTC on 10 hour ago

BTCUSDT Chart Commentary When making short-term comments on BTC, instead of looking at complex indicators, I look directly at the relative situation of SMA20, 50, 100 and 200 on the 4-hour chart. Likewise, on the 1-day chart, I determine possible price targets according to SMA20, 50, 100 and 200. This approach, which allows me to quickly answer when I am asked "What will happen to BTC?", works successfully when there is no unusual decline or rise. To interpret the graph, BTC; The rise we expect will not start without a daily close above $92700. If it closes above this level for a few days, it will potentially move to the $96-97000 band. It lingers there and the rise to $102000 begins. If the $92700 close is not reached, the distractions may continue. Here, $87700 will act as support. If the downward trend continues, it is necessary to comment again. But I don't think it will break below $80,000. In summary, there is a BTC oscillating between $88 and $102000. If we make a general evaluation, there is NO bull at the moment. It is not investment advice. I wish everyone good luck.