Greetings, Dear Subscribers ! During the last week we have been carefully analyzing BTC price movement in various timeframes. Is Bitcoin going up or down through the Global Support of Fib 1? This is a very crucial question as the whole market depends on it. Here we share the most important charts to provide you with a short and clear brief about the situation and...
XBTUSD Technical Overview: Day Trading Range: $6630 - $6945 Pivot: $6712 Key Resistance: $6757 - $6832 - $6885 - $6945 Key Support: $6664 - $6630 - $6582 - $6532 Technical Indicator: Moving Average: SMA 20($6695) resistance & SMA 50($6508) strong support for Bitcoin today. RSI: The indicator shows upside divergence & moving above level 50. Technical Trade...
XBTUSD Technical Overview: Pivot: $6311.4 Key Resistance: $6354.5 - $6397.17 - $6431.5 - $6465.83 - $6542.43 Key Support: $6277.5 - $6243.17 - $6200.5 - $6157.83 - $6080.3 Technical Indicator: Moving Average: SMA200 ($6392.43) & SMA100 ($6452.78) Strong Resistance for Bitcoin today. RSI: RSI lacks downward momentum (above 50 level), forming a symmetric...
Bitcoin positive start to the day, though the lack of an early relief rally leaving the Bitcoin bears firmly in control going into the weekend. Bitcoin Technical Overview Day Trading Range: $6230 - $6650 Key Resistance: $6455 - $6528 - $6580 -$6635 - $6680 Key Support: $6378 - $6320 - $6278 - $6220 - $6170 Most Likely Scenario Long above $6400 with target...
Red trend lines are important. Most important 0.618 Fibonacci level! In next month we might break 0.786 Fibonacci level (6000$) and come with V shaped bottom at 0.618 Fibonacci (4800$) to make a jump into new rally with possible final target at 1.618 Fibonacci (12230$)
Hi guys! I wanna share my analysis with you, I do hope you find it helpful. If you liked it please leave a like and If you have any questions leave a comment below!:) BTC is now in a clear bear market, price action is negative and the sentiment is also negative. Will it moon or we gonna crash? No one knows. Anyone stating that it is 100% gonna go up or go down...