Demand for riskier assets falls, and BTCUSD trades somewhat weak. It reached an intraday high of $77437 and is currently trading at roughly $77124.
|
Technicals |
CMP -$76374 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$76721 |
CMP< 55 EMA |
Bearish |
|
200- EMA |
$74171 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$73640 |
CMP>365 EMA |
Bullish |
Major support- $76000/ $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $80000. Any break above targets $85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-132.61 |
|
ADX |
Neutral |
|
It is good to buy on dips around $75000 with SL around $71980 for a TP of $84490.
