Bitcoin Trend Analytics 26th April
The price is compressed to a range of choosing a direction. The center is where the price is heading today. Then the price will come back and forth around the center.
Direction: when the price is suppressed by the center, it goes down; otherwise it goes up. Currently wrestle between both sides.
Range: upper at $43357.55; center at $40949.95; lower at $38369.03. The range will continue to contract until the market chose a direction.
As for today, $40128 should be held steady before breaking up on $40949.85. Keep watching the key support of the month of $38369.03.
Safe trading, pals. The market is waiting for May 5th. It’s quite sensitive right now, risks accumulate.
Hope you like it and it’s useful for your trading. Any ideas are welcomed.
Twitter: https://twitter.com/BitMidas

