2 April My Technical Analysis

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2 years ago

In my notes that I published yesterday for $BTC, I especially emphasized that 44/44.5 is very important on a daily closing basis.

These levels are roughly the point where the correction came yesterday. Today, there is a 45.5/46 reaction that there is not much left, if it does not hold above 46, another decrease may come, this drop will likely be 43 below 44.5 and there should be a very fast purchase so that there is no closing below 44 on the daily.

If it can't hold above 46, see the scenario above. If it sticks above 46, it might say 46.8 and maybe 47.2. We'll talk about the rest tomorrow.

I think the first scenario is more likely, as if we'll do another round down from the 46's again, but the numbers that matter and the behavior of the price when it reaches these numbers are not my feelings.

$SOL

He has a non-stop state when he starts to leave, and we have seen similar attacks in the past.

Keep moving the position by realizing it. The next target range is USD 140-150 but it needs to hold above 124 first. In the 124 six-day closing, if you have never realized it, you should definitely reduce your exposure because there is no structure below that can be called a support outside the gray block.

With numbers:

87->125 (50%) 🎯👊

If $MATIC can close today with the strong candle formed on the chart, I think we can talk about 1.86 and 2.06 targets.

If a hard correction may come on the way, I tried to draw the image more or less.

A closing stop below the gray box (1.60) is interpreted as a positive closing above (1.76).

In our last analysis of $ADA, we said that it is a little difficult to walk without a decrease of around 10%. It's exactly 10% correction.

By following the figures of 1.18 and 1.225, I plan to buy goods in the range of 1.07 and 1.01 in case there is a daily close on it or if there is another leg of the decline.

If there is a daily close below 1.01, I will stop.

Good luck with,

It is not investment advice.

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