XBTUSD 4H TA and possible scenarios

2020年4月15日

This week is one of the most important weeks for BTC and we can use it for more profit
1. It can be touched the below of 7000 resistance and move in downtrend channel to 6400
2. Goes upto 6400 from here
3. it can breakout 7000 and touch 7400

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2020年4月16日

注释

2020年4月17日

注释

We have big sale wall above 7200 cause of daily downtrend line broken, if it broken we expect reach 7400, but with this coid19 situation the 7400$ will not acceptable for buyers (this price 2* of minimum price 3700 without retracement) and then sellers can be succeed to reduce bitcoin's price to 7000 again
if the buyers can't succeed to break 7200 resistance the price will drop to 6800 and we will see the buyers try to reach 7400 again