Crypto Daily Market Analysis (4.29)
Summary:
$BTC currently has a complete internal green 30-minute structure with a white 4-hour pullback. A break below 92700 indicates a continuation of the 4-hour pullback, while a break above 95800 starts the last 4-hour upward move from 92700, completing the entire pink daily rebound. This 4-hour upward move will conclude the bullish preparations for a collective sell-off. Before breaking 91000, the overall direction still sees a target around 98500. A direct break below 91000 would signal the beginning of a daily correction, making any rebounds a chance to escape, and naturally, 98500 would no longer be visible. The intraday resistance and support can be around 92500-95500 for high sell and low buy, waiting for a directional breakout/breakdown stop-loss. Recently, the key lower focus is around the 91000 line, and the key upper focus is around 99000. As long as this daily rebound does not pierce 99000, there will be new lows below 74500. Even if it rebounds past 99000, there will still be a deep correction at least down to 82000. May will see violent shakeouts, and the main bullish wave will arrive from June to July. 😊 When coming for the white tickets, don't forget to click like, comment, and share.