$BTC The chart below is the 4-hour timeframe. The short position around 750 has already entered.


The surge on April 13th opened up a bullish pattern; as long as the price stays above 734, the bearish trend has not been confirmed.
The weekend pullback that occurred on Saturday and Sunday absorbed the Friday rally, and it is predicted that today may continue the weekend's pullback.

The newly entered short position should target around 742.

The first support level on the 4-hour chart is 732-736, which is the key area for today's action. If the main support breaks, I will look for ways to target 705-708.
BTC2,23%
View Original
post-image
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