FX.co ★ teagan.orn | #Bitcoin chart analysis
#Bitcoin chart analysis
Pair BTCUSD period H1 is trading above the day's open level 86208.00 and above the daily Pivot level 86126.00. Main indicators are bullish and the price is above the MA72 trend line, where volume unloading usually occurs. BTCUSD is trading above the monthly Pivot 74200.44 ( previous 62571.89), above the weekly Pivot 77337.51 and above the daily Pivot , which tells us about a bullish sentiment for the pair. The fork at the moment is level 87000.00, from where the price can go down to the south to level 86126.00 and below, and above it will go north to level 87279.00 and may be higher.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade