BTCUSDT - April 12

11 באפר׳ 2021

(BTCUSDT 1W chart)

If it gains support in the 57412.35-58352.80 range, the uptrend is expected to continue.
However, it is possible to move up by changing the uptrend line, so you need to watch the movement.
If you go down at 45135.66, there is a high probability of a downtrend and you need to trade carefully.


(1D chart)
Attempts were made to break above the 60886.07 point, but fell without receiving support.
Accordingly, it is expected that there will be a retry in the near future.

I think it is necessary to increase the trading volume to rise above 60886.07.
It remains to be seen if the center line can rise as the green of OBV in the volume indicator increases.

If you fall in the 558811.30 section, you will need a short stop loss.
However, you need to trade carefully as you can go up by touching the 48199.13-50736.52 section or the uptrend line (5).

If it does not fall below the downtrend line (7) and falls along the trend line, it is highly likely to lead to an uptrend.

The next volatility period is around April 28th.