BTC/USDT 4h simple analysis in 26th/Apr

2021年4月26日

Hi, crypto traders.

BTC is in Down Trend now.

Finally, the candle touched 80h (blue) line and 20h (red) line is also close to 80h (blue) line.

It means the price suddenly moves near the future.

This morning, the price broke my target: 47,500USD and it bounced a little bit.

I think the price continues to go down, but if the price go up and breaks 51,300USD, it’s possible the trend changes to sideways market.

My prediction is as follows.

If BTC goes up:
1st target is 54,000USD (Cross point with 240h line)
2nd target is 57,500USD
3rd target is 65,000USD

If BTC goes down:
1st target is 47,500USD
2nd target is 46,300USD
3rd target is 43,000USD

Enjoy your trading.


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