We see BTCUSD being held up by its ascending channel where it could potentially rise further. There could be a potential bounce on weakness at 8937 (38.2% Fibonacci retracement, horizontal overlap support) where price could rise to its resistance at 9726 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). If it surpasses that level, it could rise to 9946 (61.8% Fibonacci extension, long term 61.8% Fibonacci extension).
Stochatic (34, 5, 3) is approaching its support at 6.8% where we expect to see a bounce.
Stochatic (34, 5, 3) is approaching its support at 6.8% where we expect to see a bounce.
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IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.