Saturday, 1 May 2021

BTCUSD/BITCOIN ANALYSIS MAY 2021

 PREVIOUS ANALYSIS

https://rajtechanalysis.blogspot.com/2021/04/btcusdbitcoin-analysis-april-2021.html

30-MAY-2021



29-MAY-2021

CMP: 35870; RES: 42500; SUP: 30000
BASE SUPPORT: 19750;


25-MAY-2021: BULL or BEAR?


22-MAY-2021: BULL or BEAR?



20-MAY-2021: MULTI TIMEFRAME ANALYSIS





Based on Monthly Chart,
As long as 13810/3800 supports, we will see new ATH.
Most likey btc bottomed at 30000.
Downside extension can be 27160, 21735.


Based on Daily Chart,
SUPPORT ZONE: 41921-28750.
As of now lower support 28750 still holds. If this support holds, we will see big up move in the coming days/weeks/months for new ATH.


Based on H1 Chart,
SUPPORT ZONE:33600-30000
As long as 30000 holds support and a break of 40600, we will see 51k+.


Based on 15m Chart,
Break of 40600, we will see
41490-43210
45999-47060
48785, 51190
53290-54350


19-MAY-2021



18-MAY-2021



17-MAY-2021

UPDATE 2:



UPDATE 1:


14-MAY-2021: RANGE BOUND FOR MORE TIME?



13-MAY-2021



12-MAY-2021: BULL or BEAR?


10-MAY-2021


01-MAY-2021




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