Assessment $BTC on May 9 - Has it adjusted yet?
- D1 Frame: BTC pumped strongly yesterday from 96-104k. In this cycle, I accurately assessed for everyone and fully capitalized until the 103k area.
Of course, at this point, everyone is wondering whether BTC will adjust or not. I am the same. This morning, I planned to adjust for everyone from 103x. But I had to cancel it. The upward momentum is still very strong.
Support: 100-98
Resistance: 108
- D4 Frame: Today, a new D4 candle opens. So just as I mentioned when the old D4 candle opened, this D4 candle will clearly determine BTC's trend and cause many to miss the boat. Of course, I did not miss this Long opportunity, everyone.
The D4 chart looks very good and is at the beginning of an upward wave, so the price will definitely rise very high.
- W Frame: The price area of 103x BTC has officially broken the downtrend in the W frame. There are still 2 days left until the candle closes, we have to wait and see if BTC is strong enough to maintain above the 103x area. For BTC to officially enter a new uptrend cycle 💵
=> Assessment:
• BTC continues to rise to create a new peak. For at least the next 2 days, everyone should not enter any short positions.
• Temporarily, this upward wave is called by me for everyone to fully capitalize from 93-103k and is continuing for a new price area.
• Detailed price areas will be updated by me in the future.
I don't give away my knowledge for free. You can demo for 1 day first to evaluate.
Wishing everyone good luck!