FX.co ★ teagan.orn | #Bitcoin chart analysis

#Bitcoin. April 30, 2024. Tuesday. Colleagues, may profit be with you! Observing the daily chart, we can immediately identify the daily timeframe levels for buy and sell at 73859.31 upwards and 38511.66 downwards.

Now let's look at the four-hour timeframe. We see a level marked at 67473.18 upwards and a level marked at 59569.14 downwards.

For quick entry, we can observe the hourly timeframe. The working levels will be marked for buy/sell at 64804.53 and 61769.27. When the hourly candle closes above the level, we enter the trade. For Buy: StopLoss - 64803.53 TakeProfit - 64807.53. For Sell: StopLoss - 61770.27 TakeProfit - 61766.27 Exit the trade only at TP or SL. In other scenarios, costs may increase and profits decrease.

If you are not confident in the trade, you can seek help from the Accelerator Oscillator indicator. Green and growing bars of the indicator indicate buying, while red (decreasing) bars indicate selling.