BTCUSD holds above the 365-4H EMA after a long consolidation. It hit an intraday high of $66383 and is currently trading around $66201.
|
Technicals |
CMP -$66201 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$64238 |
CMP>55 EMA |
Bullish |
|
200- EMA |
$63951 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$65648 |
CMP>365 EMA |
Bullish |
|
800-EMA |
$70106 |
CMP>Vaue |
Bearish |
Major support- $57700/$52796. The pair is facing strong resistance around $67000. Any break targets $70000/$72200/474950.
|
Momentum indicator (1-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
167.37 |
|
ADX |
Bullish |
Strength increased from 22.03 to 25.70 |
It is good to buy on dips around $65548-550with an SL around $62450 for a TP of $74900.


FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR bearish again as upside bias reverses
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot (Major)
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data
FxWirePro: USD/CNY sees some bounce after yesterday's fall 



