Before the second round of peace negotiations between the US and Iran, BTCUSD is trading flat. Yesterday, it reached $79500; now it trades at approximately $77894.
|
Technicals |
CMP -$77894 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$75644 |
CMP> 55 EMA |
Bullish |
|
200- EMA |
$72531 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$72678 |
CMP< 365 EMA |
Bullish |
Major support- $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $78500. Any break above targets $80000/$85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
131.96 |
|
ADX |
Neutral |
|
It is good to buy on dips around $75000 with SL around $724000 for a TP of $84490.
