ANALYSIS 04/10* On frame D1: Yesterday's candle D1 had a structure including a long lower shadow and closed over 1/2 of the amplitude. It shows that there is strong buying force below, pushing the price back up during the day. - BTC has an increasing structure when creating higher peaks / troughs, is currently retesting and has a pretty good reaction at the support zone (the old peak just broke ). So I still expect the rising wave to continue in the near future.* On the H4 frame: BTC reacted quite positively to the decreasing Retest trendline area after breaking out through this line. It is shown by a rising H4 candle when the price touches this zone. I still expect BTC to retest successfully and continue to increase in the short term.* Trading ideas: Long entry 27k-27k2, SL 26k58, TP 28k4
- Quoc TC