BTC TA
For now, Support around 3550-3650 is holding up. In addition, it is in the oversold zone as well. Most likely, it will consolidate here for some time before trying to attempt to push upwards to touch the Resistance Zone around 3800.
However, te bigger picture is still bearish. We have
(1) Daily EMA 21 around 3800 USD
(2) Weekly EMA 200 around 4100 USD
(3) Monthly EMA 55 is around 3650-3700 USD
If we do not break Resistance around 3800 (which was support earlier), most likely path is in the downward direction. Also, the other interesting part is to see, how long the support around 3550 is holding up.
However, te bigger picture is still bearish. We have
(1) Daily EMA 21 around 3800 USD
(2) Weekly EMA 200 around 4100 USD
(3) Monthly EMA 55 is around 3650-3700 USD
If we do not break Resistance around 3800 (which was support earlier), most likely path is in the downward direction. Also, the other interesting part is to see, how long the support around 3550 is holding up.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.