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05.04.2021: Forex Analysis & Reviews: Trading Signal for BITCOIN, BTC/USD for April 05 - 06, 2021: Sell Below 56,250
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外匯預測 04/30/2024:EUR/USD、GBP/USD、USD/JPY、原油和比特幣,由Sebastian Seliga提供
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外匯預測 04/29/2024:EUR/USD、GBP/USD、USD/JPY、EUR/JPY、GBP/JPY以及BTC,由Sebastian Seliga提供
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2024年4月17日外匯預測:歐元/美元、英鎊/美元、黃金、比特幣和以太坊,資料來源Sebastian Seliga
2024-04-17 UTC+3

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After the failure of 10 attempts to stay above $ 60,000, bitcoin has caused a drop to the 21 SMA located at 56,700 offering some support today.

The eagle indicator on daily charts is showing a bearish signal, and the failure to break above its high of 61,631 shows that the bears are aggressively defending the 60,000 resistance zone.

If bitcoin manages to stay above the psychological level of 60.00, the bulls will manage to push the price above this zone, giving rise to strong bullish momentum, pushing the BTC/USD pair towards the 70,000 level.

On the other hand, if the market declines and breaks the daily bullish trend channel, it is likely that there will be a downward movement to the 50,000 support zone.

This is important support to watch out for, because a break below this value will indicate a possible short-term trend reversal.

Our recommendation is to sell below 56,250, given that there is the SMA of 21 and +1/8 of murray and both levels for now are giving strong support to BTC.

Support And Resistance Levels For April 05 - 06, 2021

Resistance (1) $58,875

Resistance (2) $59,592

Resistance (3) $60,460

Support (1) $55,634

Support (2) $54,827

Support (3) $52,354

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Dimitrios Zappas,
Analytical expert of InstaForex
© 2007-2024
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