Pro Trader_888
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Monthly Analysis (BTC/USDT) – April Closing Soon
Liquidity Grab (BSL) Confirmed:
Price wicked below March’s low (~85,958) and sharply reversed, forming a long lower wick.
This is a bullish sign if the candle closes above March’s low — it indicates stop-loss hunting below prior lows (BSL) and strong demand.
Candle Structure:
April's candle looks like a bullish pin bar (long wick, small body).
If April closes near 94.5K+, that means buyers absorbed the sell pressure from 92K–85K area — a sign of accumulation and possible reversal.
Indicators:
RSI(6) = 65.35 → Still in bullish territory, no bearish divergence.
Stoch RSI turning upward from oversold → early sign of momentum shift to the upside.
Volume:
Slightly lower volume than March, but no breakdown volume — this supports consolidation or absorption, not panic selling.
What This Means for May (Next Month)
Scenario 1 – Bullish Continuation (More Probable):
If April closes strong above 94K:
BTC can push toward 99K–105K zone in May
First resistance will be March high: ~99.3K
Second resistance: ~109.5K (ATH zone)
Scenario 2 – Rejection and Drop (Less Likely if April closes strong):
If April somehow closes below 92K:
May could retest 85K and even 72K support.
If April closes above 94K, BTC is likely to go LONG in May — targeting 99K first, then 105–109K.
This candle is very powerful — if May opens with bullish momentum and breaks above 95.5K–96K, that could be your long trigger.
Liquidity Grab (BSL) Confirmed:
Price wicked below March’s low (~85,958) and sharply reversed, forming a long lower wick.
This is a bullish sign if the candle closes above March’s low — it indicates stop-loss hunting below prior lows (BSL) and strong demand.
Candle Structure:
April's candle looks like a bullish pin bar (long wick, small body).
If April closes near 94.5K+, that means buyers absorbed the sell pressure from 92K–85K area — a sign of accumulation and possible reversal.
Indicators:
RSI(6) = 65.35 → Still in bullish territory, no bearish divergence.
Stoch RSI turning upward from oversold → early sign of momentum shift to the upside.
Volume:
Slightly lower volume than March, but no breakdown volume — this supports consolidation or absorption, not panic selling.
What This Means for May (Next Month)
Scenario 1 – Bullish Continuation (More Probable):
If April closes strong above 94K:
BTC can push toward 99K–105K zone in May
First resistance will be March high: ~99.3K
Second resistance: ~109.5K (ATH zone)
Scenario 2 – Rejection and Drop (Less Likely if April closes strong):
If April somehow closes below 92K:
May could retest 85K and even 72K support.
If April closes above 94K, BTC is likely to go LONG in May — targeting 99K first, then 105–109K.
This candle is very powerful — if May opens with bullish momentum and breaks above 95.5K–96K, that could be your long trigger.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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