BTC / USD Mid After Test Of 57308 Technical Resistance: Sally Ho Technical Analysis 3 May 2021 BTC

After Bitcoin (BTC / USD) traded at 57308.77 during the North American session, the pair fell to 56371.53 and slightly weakened at the start of today's Asian session. reaching the highest point. One test between days represented a 50% retracement of the final depreciation range between 58550 and 56072. Chartists observe that the intraday low represents the 38.2% retracement test of the final depreciation range between 52369.61 and 58550. The damping range is between 64899 and 47044.01. . The next upward retracement levels in this range are areas 58078.39, 60685.22, and 61078.03. The recent highest level of 64899 represented a test of the 64835.59 zone; this is a technically important upward price target based on the buying pressure that arises around the 16200 area. Recently, significant stops have been selected in relation to several upward price targets during the outbreak, particularly levels in the 61065.64, 61463.38, 61732.54, and 62026.52 areas associated with the buying pressure emerging in the 9819.83, 17580 and 16200 regions. Other upward price targets include areas related to purchasing pressure at the levels of 66200, 66739, 76, 68674.28 and 68973.24, 16200, 17580 and 9819.83. Possible technical assistance zones during withdrawals are 46219.32, 45472.23, 44900.82 and 44373.66. Investors note that the 50 bar MA (4 hours) declined below 100 bar MA (4 hours) and below 200 bar (4 hours) MA. It also indicates an increase above 50 bar MA (per hour), 100 bar MA (per hour) and 200 bar MA (per hour). The price activity is closest to the 200 bar MA (4 hours) at 57212.72 and the 50 bar MA (per hour) at 57355.29. Technical support is expected around 47044.01 / 46556.35 / 41851.15 with stops below. Technical resistance expected around 64899/66200/66739

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