Strong ETF inflows drive BTCUSD above $77000. It reached an intraday high of $78446 and is now trading at roughly $78054.
|
Technicals |
CMP -$78504 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$74971 |
CMP> 55 EMA |
Bullish |
|
200- EMA |
$72167 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$72486 |
CMP< 365 EMA |
Bullish |
Major support- $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $78500. Any break above targets $80000/$85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
202.37 |
|
ADX |
Bullish |
Strength increased from 15.80 to 18 |
It is good to buy on dips around $75000, with an SL around $724000, for a TP of $84490.
