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BTCUSD pared most of its gains as the escalation of tension between Israel and Iran decreased demand for safe-haven assets. It hits an intraday low of $66147 and is currently trading around $67569.
|
Technicals |
CMP -$67300 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$67285 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$66852 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$67457 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-28.89 |
|
ADX |
Neutral |
|
It is good to buy on dips around $67000 with SL around $64000 for a TP of $80000.
