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SUPPORT AND RESISTANCE LEVELS FOR BTC

BITSTAMP:BTCUSD   Bitcoin
Support and resistance

Resistance levels: 50000.00, 51300.00, 54500.00, 56500.00, 59600.00.

Support levels: 46400.00, 43750.00, 41000.00.


Trading tips

Short positions may be opened below 46400.00 with the targets at 43750.00, 41000.00, and stop loss 48200.00. Implementation period: 5-7 days.

Long positions should be opened above $1300.00 with the targets at 54500.00, 56500.00, and stop loss 49000.00.

SELL STOP

Entry point

46370.00

Take Profit

43750.00, 41000.00

Stop Loss

48200,00

Key levels

41000.00, 43750.00, 46400.00, 50000.00, 51300.00, 54500.00, 56500.00, 59600.00
Disclaimer

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