Analysis $BTC on April 29:
- D1 Frame: BTC yesterday after a downward adjustment to 92x surged strongly to 95x and closed with a very nice green candle to continue the upward wave.
Today's daily candle, although currently red and showing a downward trend, I believe will have a green wick by the end of the day and continue to rise, so everyone should wait for the correction zone 88-90-91-92, not knowing when it will return, and it will likely lead to FOMO at very high price levels.
Support: 930-940
Resistance: 956
- M Frame: only 2 days left until the end of April. The candle is looking very nice around 94x, so I am projecting to predict the candle for May as well.
If nothing changes, I believe the candle for April will continue to rise strongly today and tomorrow so that next month will continue to increase as well and only have a short adjustment to the 94x area that we have been swaying near this week.
I am also very much looking forward to BTC returning to 88-90 to DCA more Long and also enter altcoins. But it seems like it won't return anymore.
=> Analysis:
- BTC will continue to rise, I call on the Long position for the group to prepare to close a position, I think the closing range will be within today or tomorrow.
- Everyone limit short positions, although BTC's indicators are very high, it will still rise further.
- Next month there will be a new peak, so don't miss it.
Wishing everyone good luck!