Bitcoin - Analysis of 2021-5-10
Medium-term operation (10-20 days with Daily candles)
The Algotrading Multiday system is flat from 30 April 2021
YTD performance: 40.92%
1 year performance: 37.78%
At the end of the day: stay flat
Graphic Analysis
At the Multiday level, the prices are lateralized from 55540 to 60000; trend strength (ADX), further weakening. The situation is currently uninteresting.
At the Intraday level, having touched the upper blue line, it is now falling towards 56700 from where it could then rise again.
next resistance 60000
support 55340
I recommend observing, discussing, but as always for the operation always use your head !!
The Algotrading Multiday system is flat from 30 April 2021
YTD performance: 40.92%
1 year performance: 37.78%
At the end of the day: stay flat
Graphic Analysis
At the Multiday level, the prices are lateralized from 55540 to 60000; trend strength (ADX), further weakening. The situation is currently uninteresting.
At the Intraday level, having touched the upper blue line, it is now falling towards 56700 from where it could then rise again.
next resistance 60000
support 55340
I recommend observing, discussing, but as always for the operation always use your head !!
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