empty
 
 
04.05.2021 02:08 PM
BTC analysis for May 04,.2021 - Completion of the ABC upside correction and potential re-test of $57.800

Further Development

This image is no longer relevant

Analyzing the current trading chart of BTC, I found that sellers are in control and that there is still space for more downside and test of lower reference points.

My advice is to watch for selling opportunities on the rallies using the intraday charts.

I found completion of the ABC upside correction on the daily time-frame, which is sign for further downside continuation.

The downside targets are set at the price of $53.000 and $48.000Additionally, there is the fresh bear cross on the Stochastic oscillator and the overbought condition, which is another sign of weakness..Resistance: $58.000

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback