IF BTC CAN CLOSE ABOVE PINK LINE @ 40,750 price area making postive breakout of grey/orange triangle Today πππ THAT WOULD BE GREAT....
Bitcoin closed positive above blue & hot pink triangles but couldn't continue current uptrend thick black uptrend line & got negatively rejected by Orange triangle, so there is a chance that BTC could touch orange line...
Next candle needs to start above orange line @ 38.5k price area at 8pm today to stay inside large grey triangle. π If not BTC LOW could fall @ 35,000 price area or lower today. π€·♂️
BITCOIN STILL LOOKING BULLISH GOING INTO MONTH OF MAY π°ππ
Just shaking out the rest of the weak hands before bullish launch.
ππ€π©πππ¨ππ€π BEST BUY AREA THIS MONTH IS 42 THOUSAND OR LOWER.
ππ€―π5️⃣πππ CURRENTLY THERE Are ONLY FIVE SUPER STRONG NEGATIVE DOWNTREND LINES HOLDING BTC BACK FROM FULL on BULLISHNESS...
In order for bitcoin to get back above current Thick black Positive uptrend line it needs to close above pink line today πππ
Lowest BTC flash crash could go is 16 thousand price area, If it can't close above 35 thousand this month.. πππ° (Each color currently shows today's most important support lines.)
Bitcoin needs to close above teal line @ 45,500 price area today in order to be above all negative downtrend lines holding it back from mooning towards 250k price area this month... π₯Ίππ π
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MONTH SUMMARY:
The Low for this month should be somewhere around 40 thousand price area ( Video Here ) π€·♂️ The current high is 48 thousand price area.
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