Hi, crypto traders.

Last week, the candle went down and broke 60MA to the lower side.
After reaching 39,200USD, it bounced a little bit and keeps 40 ,000USD level.

The sequential order is as follows.
20MA (blue) > 60MA (green) = 100MA (black) > 5MA (red) = the candle.

Because MA lines are very close, it’s difficult to predict the next move.
But since the lowest points of 5MA are going up, I think the price will go up.

Conversely, if the price goes down, the first target will be 39,200USD.
Please refer the following detail of target points next week.

==Target Points==
◇BTC goes up:
– 1st target: 42,000-43,000USD (Cross-point with 20MA & 60MA & 100MA)
– 2nd target: 48,200USD (The highest price in 28th/Mar/2022)
– 3rd target: 50,000USD (A nice round number)

◇BTC goes down:
– 1st target: 39,200USD (The lowest price in 11th/ Apr /2022)
– 2nd target: 37,000USD (The lowest price in 27th/Feb/2022)
– 3rd target: 34,300USD (The lowest price in 24th/Feb/2022)

Enjoy your trading.