BTCUSD pared most of its gains amid geopolitical tension. It reaches an low of $76000 and is currently trading at roughly $76425.
|
Technicals |
CMP -$76817 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$78767 |
CMP<55 EMA |
Bearish |
|
200- EMA |
$77767 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$76373 |
CMP>365 EMA |
Bullish |
Major support- $76000/ $74800/$74000/$73290/$70000/$67000/$64000/$60000. Minor bullishness only above $81000. Any break above targets $85890/$90000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-116.50 |
|
ADX |
Bearish |
Strength increased from 37.92 to 41.69 |
It is good to sell on rallies around $80000 with SL around $85000 for a TP of $60000.
