Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance? 
Ethereum Trails Bitcoin’s Retreat: Key Support Levels in Focus 
FxWirePro: USD/JPY slips as Japan intervention risk boosts Yen 
FxWirePro: EUR/AUD steadies around 1.6750, retains bid tone 
FxWirePro- Major European Indices 
FxWirePro:NZD/USD lingers near strong support as risk aversion dominates early trade 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD hovers near two-month low, outlook bearish 
FxWirePro: USD/CNY hits 3-week high as safe-haven demand lifts dollar 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD sustains gains as uptrend remains strong 
As crude oil prices rose, BTCUSD faded its radiance. It is presently trading around $68236 and has reached a low of $65618.
|
Technicals |
CMP -$68187 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$68217 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$70596 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$75296 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
97.60 |
|
ADX |
Bullish |
Strength increased from 14.59 to 16.25 |
It is good to buy on dips around $67000 with SL around $64000 for a TP of $80000.
