18 April My Technical Analysis

$BTC came up to 38.5. An important support was broken on the daily chart of $BTC.

The scenario that can be expected here will be a movement towards around 39200/39520 and then a descent to the 37 support that I have shown in the chart.

If it holds above 39520, then it is necessary to reanalyze, because this may mean that there is a change in the market structure, which is considered the bottom. I'm not getting any such signal yet.

$MATIC is testing 1,306 support.

Below this, the daily close could send/decrease to 1.047.

Another scenario may be to rise up to 1.527 and then catch a short from here.

For one of these two scenarios to happen, at least 1 day of closure is required. At the moment, it is necessary to put both criteria on hold and set up a game after the closing.

It is useful to watch $LUNA horizontally at an angle. There are beautiful channel formations.

He will push his luck to get to the upper channel. One of the few altcoins that is positive today is $LUNA. If it catches a good momentum here, maybe 2-3 days will trigger the signal of some money inflow to the alts, but I'm mostly expecting a rise up to 83 and then a rejection.

Pivot areas are marked on the chart, only by using these areas good trades can be made.

Take it easy,

It is not investment advice.