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FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
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Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
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BTCUSD is consolidating in a narrow range as the market eyes US and Iran talks. Yesterday it reached an intraday low of $66511, but it is presently trading at $67529.
|
Technicals |
CMP -$67529 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$66968 |
CMP > 55 EMA |
Bullish |
|
200- EMA |
$67177 |
CMP > 200- EMA |
Bullish |
|
365- EMA |
$68057 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $70050.Any break above targets $74800/$78750
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Neutral |
15.15 |
|
ADX |
Neutral |
|
It is good to buy above $66000 with SL around $63000 for a TP of $74800/$78700.
