empty
 
 

03.12.202115:44 विदेशी मुद्रा विश्लेषण और समीक्षा: Bitcoin continues to give hopes for a bounce towards $63,000.

Bitcoin continues to trade around $57,000 as price is mostly moving sideways the last couple of sessions. Price remains below the short-term resistance at $59,000 and above the recent key lows at $53,500.

Exchange Rates 03.12.2021 analysis

Yellow rectangle - resistance

Blue rectangle- target if resistance is broken

Blue lines - Bullish RSI divergence

Black lines - Fibonacci retracements

Bitcoin as we mentioned in previous posts, has most probably completed its first leg down around $53,000 and is now bouncing. Our first target was the 38% Fibonacci retracement. Our second and final target is at the 61.8% Fibonacci level. I believe a move towards the blue rectangle is the most probable scenario. This scenario gets cancelled if price breaks below $53,000 level.

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Alexandros Yfantis,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2022
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.