BTCUSD pared some of its gains due to profit booking. Currently trading at about $72735, it has a high of $76022.
|
Technicals |
CMP -$74201 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$71763 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$71068 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$74372 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $76200. Any break above targets $80000/$85500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
110.98 |
|
ADX |
Neutral |
|
It is good to buy on dips around $73800 with SL around $72000 for a TP of $80000.


FxWirePro- Major European Indices
Silver Under Pressure: Bearish Momentum Accelerates Toward USD 70.00
Euro’s Shine Fades: Intraday Breakdown Eyes the 1.1400 Support Floor
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
Ethereum’s Institutional Breakout: BitMine Accumulation Drives ETH Toward USD 3,000
FxWirePro- Major Pair levels and bias summary
Bitcoin Consolidation Phase: BTCUSD Holds Support at USD 74,202 as Bulls Target USD 80,000
FxWirePro: USD/ZAR consolidating around 16.670, room for further gains
FxWirePro- Woodies Pivot(Major)
FxWirePro:NZD/USD edges higher but bearish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend gains momentum, as positive sentiment builds 



