FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD stuck in narrow ranges as trader brace For BoE guidance 
FxWirePro: EUR/AUD gains some upside momentum, but bearish outlook remains 
Ethereum Tests the Floor: Bulls Eye a Recovery as Key Averages Hold 
Kiwi Under Pressure: NZDJPY Tests Key Support as Momentum Fades 
Bitcoin Coils Near $77,000: Short Squeeze Potential Grows Amid Geopolitical Fog 
Sterling Stability: GBPJPY Coils for a Breakout Near 216.00 
BTCUSD: Ceasefire Talks in Focus as Bitcoin Hovers Near 77.9k, Eyes 84.5k–90k 
BTCUSD is trading flat since the markets are watching for further developments in the ceasefire negotiations between the United States and Iran in Islamabad. It peaked at $72875 yesterday and is currently trading at about $71421.
|
Technicals |
CMP -$71421 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$68952 |
CMP> 55 EMA |
Bullish |
|
200- EMA |
$69274 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$71432 |
CMP< 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $73000. Any break above targets $74500/$76200/$80000/$85500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
123 |
|
ADX |
Bullish |
Strength increased from 38 to 39.63 |
It is good to buy on dips around $70000 with SL around $67000 for a TP of $80000.
