April 25th Next Week Market Analysis

Currently, the daily chart remains in a large-scale sideways consolidation. To turn bullish, the daily must break above the midline again. The 4-hour and above timeframes must also break above the midline and even open upward. The 6-hour 256 moving average must be surpassed to form a bullish 6-hour trend, with a rough support of about 300 points. Using Bollinger Bands on the 4- and 6-hour charts, watch for upper and lower band expansions, and be cautious of openings on both sides.
Key levels: 2050, 2080, 2130, 2000, 1950/1930. Breakouts in either direction should be acted upon accordingly.

👿 Future Bullish Outlook:
a. The 4- and 6-hour charts must break above the midline again, with the upper band opening upward. Levels: 2050, 2070, 2130/2150.
b. The smaller timeframes below 1 hour must turn bullish and stabilize above the 30-line to form a bullish alignment, possibly crossing above the 256 moving average, creating a small-scale bull trend at 2050 and 2080.
c. Currently, the 1-2 hour and higher timeframes need to tighten; if not, breaking above the midline directly could push prices up to the upper band at 2128/2130.
d. For a major rally, the daily and 2-day charts must open upward, targeting 2250, with potential to reach 2280 and 2300.
e. Watch whether the 6-hour 5- and 10-moving averages turn upward to form a golden cross and stabilize above the 30-line. If prices cross above the 256 MA, a new bullish cycle could begin, with at least 200-300 points, possibly even 500 points, from 2150.

🩸 Resistance levels: 2050, 2070, 2130/2150, 2180/2200, 2250, 2280/2300, 2350/2380, 2400, 2430/2460, 2480/2500, 2550, 2580.

🩸 Breakout signals:
- Single breakout: 2050, watch for 2070, 2100.
- Double breakout: 2070, watch for 2110, 2130/2150 (4-hour upper band plus 6-hour 256 MA).
- Double breakout: 2150, watch for 2170, 2200, 2230/2250, with the 2280 daily upper band.
- Triple breakout: 2300, watch for 2330, 2350, 2380, indicating a large-scale opening and continued holding.
- Four breakout: 2400, watch for 2430, 8-hour 256 MA.
- Five breakout: 2500, watch for 2550, 2580, 2600.

👿👿👿 Future Bearish Outlook:
a. Do not short unless the rebound fails to break the 4-hour upper band; if it breaks above, expect a bullish move at 2070/2080.
b. As long as larger timeframes cannot hold above the 30-line and the upper band remains unopened, expect a bearish trend.
c. Observe whether the 2-, 3-, 4-, and 6-hour 5- and 10-moving averages cross below the 256 MA; if so, it indicates a bearish signal, or if they turn upward, watch for a reversal.

Key levels: 2000, 1950/1930, 1900, 1850, 1830, 1800, 1780/1750, 1680, 1630, 1550, 1510, 1480, 1450, 1380.

🩸 Breakout and breakdown signals:
- Double breakout: 2000, watch for 1980/1950, 1930, 1900. If the 6-hour lower band is not broken and daily chart remains bullish, avoid shorting; break below triggers a short.
- Breakdown: 1880, watch for 1850/1830, 1800. If the 2-day lower band opens downward, hold if not broken; otherwise, exit.
- Further breakdown levels: 1800, watch for 1750/1730, 1700.
- Even lower: 1700, watch for 1660/1630, 1600.
- Major support: 1600, watch for 1550/1530, 1500, 1480, 5-day lower band.

For breakouts and breakdowns, it’s recommended to trade with light positions; heavy positions must include stop-loss. Sometimes, breakouts and breakdowns do not happen immediately and require patience. ETH stop-loss is just 10 points; BTC is 350 points.

Start with small positions; focus on adding on dips.
Control your position size; if broken, move to the next level.
Avoid rushing into trades if you miss key levels.
Don’t panic during consolidations; trade calmly, wait for clear signals.

For position management and profit-taking, consult Dodo. Do not trade blindly.

👿👿👿 Take profit at 30%-50%, then reduce positions to preserve capital.