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FX.co ★ teagan.orn | #Bitcoin chart analysis

#Bitcoin chart analysis

Bitcoin . M15 Chart. The instrument is trading below the daily pivot level FPV: 74694.85 and below the MA84. If the price continues to decrease, the next nearest target is the MA336 level - 73421.18. If the decline continues below the MA336, the chances of further decline increase, and the downside targets could be the following levels: W1 Res C:72109.86, H4 Sup:70501.42. If the price moves up and manages to rise above the MA84, and then above the daily pivot level, the upside targets beyond the daily pivot could be the following resistance levels: H4 Res C:75624.26, yHigh: 76000.05, D1 Res:76526.14, R3: 77295.89, R4: 78903.34.

#Bitcoin chart analysis

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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