FxWirePro- Woodies pivot (Major) 
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Following Trump's halt of project freedom, BTCUSD maintains above $80000. It hit an intraday high of $81989 and is now trading at about $81939.
|
Technicals |
CMP -$81915 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$78755 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$75647 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$74594 |
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) |
Bullish |
144.75 |
|
ADX |
Bullish |
Strength increased from 33.30 from 35.28 |
It is good to buy on dips around $78800-$79000 with SL around $74000 for a TP of $89000.
