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

#Bitcoin chart analysis

#Bitcoin H4 So far it hasn't been possible to properly hold below the level 83675however, the moving average, as can be seen, is exerting resistance and this may affect things. That is, if it now manages to hold below the level, then this is, of course, a continuation of the southward path though. A little lower there is another support at 81475 and it is precisely below it that there is the potential for a prospective southward move. As long as prices remain above the latter there is a probability of prices moving north and, as the priority direction, the prospective resistance to watch is at the level 87365. It is precisely above this resistance that a new opportunity for Bitcoin will open, that is, a new leg up. Wishing everyone well.

#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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