BTCUSD pared some of its gains as demand for risk aversion increases. It reaches an low of $79800 and is currently trading at roughly $80522.
|
Technicals |
CMP -$80522 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$80349 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$77762 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$76149 |
CMP>365 EMA |
Bullish |
Major support- $76000/ $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $82000. Any break above targets $85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
18.71 |
|
ADX |
Neutral |
|
It is good to buy on dips around $78000 with SL around $74000 for a TP of $90000.
