Bitcoin price analysis of April 20, 2021 and a look at AMPL Ampleforth

in bitcoin •  4 years ago 

Based on the standard deviation calculated over 5 days, I report the daily range of prices that I expect today: MAX 58930 LOW 52360.

Screenshot (68).png

In recent days, volatility and volumes are increasing.

On the 4H chart it is important to hold the support at 51600. To resume the uptrend, a close above 57630 with a target in the 60000 area is required.

A look at AMPL:

It appears to be detached from BTC's performance.

Screenshot (69).png

Area 1.25 1.30 seems achievable.

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.

THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

Charts from tradingview.com

Thanks for reading.

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