Lihat juga
18.01.2024 04:19 PM
Early in the American session, Bitcoin is trading around 42,441, below the 21 SMA, and under strong bearish pressure. On the daily chart, we can see that Bitcoin seems to have a negative outlook and is trading below an area of strong bearish pressure that is located from 43,500 to 44,500.
Bitcoin is generating a negative signal. So, the instrument offers selling opportunities on the following conditions: in case of any technical bounce or while BTC trades below 4/8 Murray or below the 21 SMA or even if it reaches 44,500, an area where there is strong weekly resistance.
On the other hand, if Bitcoin continues to decline in the coming hours, it could reach the 2/8 Murray zone, which represents strong weekly support. If this scenario comes true and if Bitcoin consolidates above this area, it could be seen as an opportunity to buy around 40,600.
The eagle indicator is giving a negative signal but is also approaching oversold levels. Bitcoin is likely to trade in a range zone for the next few days below 44,500 and above 40,600. Both levels could allow us to buy or sell.
You have already liked this post today
* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.
Our new app for your convenient and fast verification
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
