cryptovoyant

btc/usd analysis 18 july

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Chart Overview :
Continuation Indication
- Golden Cross EMA7 & EMA20
- Pierced MA20 with strong volume
- OBV hiking, RSI pass resistance

Correction Indication
- MA100 resistance
- Stochastic limited towards oversold

Prediction Summaries
- bitcoin face strong resistance at 7613 to 7733
- bitcoin will do correction before breaching MA100 with favour 80% to maintain a long reversal momentum.
- if the corrections doesn't occurs then price would just topped around 7885
- correction would consider healthy for continuation momentum as long as there's no candle imprint below 6663.
- most possible level to rebound again are at 7179
to 6984 with favour 70%.

Key Level :
- Resistance : 7613 - 7733 (1W) ; 7885 ; 8227 (1W)
- Support : 7179 ; 6984 (1W) - 6842 ; 6757 - 6663

Trading Range Prediction (approx. a week ahead) :
- Optimist : 8600
- Realistic : 7179 - 8227
- Pessimist : touch blue stripes trendline

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