April 26th Bitcoin Market Analysis for Next Week



Key Levels: 78,300 79,700 80k 80,500 82,400 85,500

Bullish Outlook: a Must stay above the midline on the 4-hour chart 2-3 hours must open upward 3-hour continues to open up 78,300 79,700
b 15, 30, 1-hour must form bullish signals Watch whether 15 and 30-minute charts can successfully break above the upper moving averages
c Observe if the 8-hour chart forms a secondary golden cross 2, 3, 4-hour Bollinger Bands are opening upward
d Pay attention to whether the remaining line on the 12-hour chart crosses above the 256 moving average Constantly monitor changes in the 5 and 10 to see if a death cross forms

👿 Breakout 1: 78,300 🉑 Watch 79,300 79,700 4-hour opening
Breakout 2: 80k 🉑 80,500 81,500 82,000 82,500
Breakout 3: 83,000 🉑 Watch 84,500 85,500


Key Levels: 77,700 76,000 75,200 74,500 73,500 72,500 71,700 71,300 70,500 69,500 68,300

Bearish Outlook: a Rebound does not break 4-6 hour upper band, open bearish with stop-loss 🉑
b Small timeframes must switch back to bearish, break below 30-minute 256 MA 77,400/77,000
c Upper band not opening, watch for pullback to break the midline and reach the lower band
d Watch if the 8-hour chart maintains a rising pattern, break below the 30-line, bearish, 12-hour chart may form a golden cross and cross below the 256 MA at any time

Breakdown 1: 77,000 🉑 Watch 76,500 76,000 75,200 4-hour lower band opening
Breakdown 2: 76,000 Break below 🉑 Watch 75,200 74,500 6-hour lower band
Breakdown 3: 74,000 🉑 Watch 73,500 2-hour 256 MA
Breakdown 4: 73,500 🉑 Watch 72,500 71,500 70,500
Breakdown 5: 70,500 🉑 Watch 70,000 69,500 68,300
Breakdown 6: 68,000 🉑 67,500 66,300
Breakdown 7: 65,500 🉑 Watch 65,000
Breakdown 8: 65,000 🉑 Watch 64,500 63,500
63,000 4-6 hour lower band
Breakdown 9: 63,000 🉑 Watch 62,500 62,000 61,500
Breakdown 10: Break below 60k, go short directly 🉑 Watch 55,000 54,500 53,500 52,500 51,500 50,500

Support and resistance levels can switch at any time. Breakout and breakdown signals should be traded lightly. If unsure, follow the daily live streams for short-term and long-term signals.

🌞🌞🌞🌞 Training courses are now enrolling: For those without trading ideas, watch.
BTC-0,17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin