BTCUSD pared some of its gains on escalation of geopolitical tension between US and Iran. It has dropped to $76385 and is now trading at about $76684.
|
Technicals |
CMP -$76727 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$77224 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$77438 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$76457 |
CMP>365 EMA |
Bullish |
Major support- $74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $78000. Any break above targets $80000/$82000/$85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-15 |
|
ADX |
Neutral |
|
It is good to buy on dips around $74000 with SL around $7000 for a TP of $82000.
