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Bitcoin (BTC) – April 29

Bitcoin (BTC) - April 29

Bitcoin (BTC) - April 29

Bitcoin (BTC) – April 29

Bitcoin / TetherUS BINANCE:BTCUSDT
readCrypto


Bitcoin (BTC) - April 29

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( BTCUSDT 1W Chart) – Mid-Long-Term Perspective


snapshot

Resistance: 46487.52-49266.69

1st support: 37253.81-38150.02
2nd support: 32259.90-35045.0

Strong support: 27033.35-29812.52

(1D Chart) – Short-Term and Swing Perspectives


snapshot

1st resistance: around 42373.73
2nd resistance: around 45135.66

Support: 35045.0-38150.02
– 37253.81-38150.02
– 35045.0-36244.55

If the decline fails to rise to the 39942.38-40526.64 section, it is likely to lead to further declines.

Therefore, it is necessary to check whether it rises above 39942.38.

– When receiving resistance in the section 40526.64-42373.73, Stop Loss is required.

Entry is possible only when it rises above 40526.64 and shows support.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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