22 April My Technical Analysis
$BTC is in line with the explanation and drawing in the last analysis. If the closing does not come on Wednesday at 43, we said to return to 39.5 on Friday, we caught it ✅
We need to be able to rise again from here, if we break 39.5 and if there is a daily closing below, the plan will be canceled and I will go back to the old plan, that is, a descent to 37.
$LUNA climbs to weekly resistance level. This is the critical level. We need sequential closings above 100 USD so that the momentum can continue. Weakness here means powerlessness in the alts. Why luna because she has been leading the way in the last few weeks. For the last two analyzes, I do not write for nothing that the alts do what luna does. We'll find another pioneer when that too soon becomes obsolete.
If 100 USD is not exceeded on a weekly close basis, it can be withdrawn to the middle channel. Needles 103-105 excite shorts.
I do not recommend very short to coins with strong momentum, but we need to know the importance of reversal signals that may occur here. You cannot understand the market without looking at the leading coins. eg. Like BTC ETH LUNA SOL AVAX..
I don't see any new ATH yet.
Take it easy,
It is not investment advice.