20 April My Technical Analysis

The closing candle above $BTC 39.5 is a tremendously strong candle. Pay attention to the daily closing on 39.5, I said that this shows that the market structure has changed.

On the weekly chart, $BTC will test its weekly resistance starting from the 41860s to the 43's. If he gets past this, he can keep the momentum going. Up to 44.5/45.5 before how much. If it fails to break through this zone today, we may see a test of 39.5/40 by Friday.

In short-term charts, 40.7 looks bad to me. We look at it in the short-term scenario.

As long as $DOT can hold above 18.89, a correction after the first move up to 20's and 22.66 replay can be seen.

Cancellation at 18.60 six-day close.

Following the daily close above $ADA 0.974, targets 1.01 - 1.17 and 1.26 are looked at. In the other scenario, if it goes down to 0.917 and does not close below, 1.01 - 1.17 and 1.26 targets can be followed.

For the first scenario, the stop can be considered as 0.974 six-day closing, and for the second, 0.917 six-day closing.

$MATIC 1.527 and up to 1.60 possible. When these figures come, it is useful to realize a minimum of 50%. If the trend turns, it will probably turn from there. If not, you can add and continue.

It's important to hold on to $SOL 104/107. As long as this condition is met, the 115/120 test may come first. If some correction and momentum continues after that, we could see a second bullish leg up to 137 /148.

Under 97, the whole structure is broken, so it is not kept long under here. Up close, below the numbers 104 and 107 is risky.

Profit realization is essential in targets. Since the market is not as giving as it used to be, there is no other choice but to make frequent profits without saying less.

Take it easy,

It is not investment advice.

Graph Source: Tradingview

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