BTC Downtrends Continues

2023年5月18日

Hello everyone,

I will try to write my thoughts about BTC and other high volumes when I am available. If you share your comments and requests with me, we can share our thoughts with other analyzes in a more motivated way.

In the chart;
- Outside of the yellow colored areas, I expect sharp movements in the price.
- The orange and purple gann lines are important. If the price stays below, sharp pullbacks can be seen.
- The Area 1 move will not be completed unless we can go above $28340.
- Area 2 movement starts below $20000 and below the yellow area is the risky area.
- Although the green 2Ma support works as a support in March, it may not be strong in the pullback again.

I wish everyone a positive life.

Thanks.