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BTCUSD holds above $85000 as demand for riskier assets increases. It hit a high of $87274 and is currently trading near $86278.
|
Technicals |
CMP -$76151 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
$77093 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$80738 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$74148 |
CMP>365 EMA |
Bullish |
|
800-EMA |
$72020 |
CMP>Value |
Bullish |
Major support: $82000/$77500/$74800/$73000/$69000/$67000. The pair is facing strong resistance around $87500. Any break targets $90438/$92500/$95000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
152 |
|
ADX |
Bullish |
Strength increase from 47.98 to 49.48 |
It is good to buy on dips at $82000 with an SL around $77500 for a TP of $90400.
