FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Refuses to Stay Below $3,000 – $3,600 Next? 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600 
BTC/CNY pair is trading in a narrow range between 6587 and 5628 for the past three trading session (BTCCCHINA). It is currently trading around 6339 at the time of writing.
Ichimoku analysis of daily chart indicates:
Tenkan-Sen level: 7262
Kijun-Sen level: 7156
Major reversal level -5570 (89- day EMA)
The long-term trend remains to be bullish. BTC/CNY struggles to close above 30- day EMA and any close above will take the pair till 6600/6921.
Major resistance -6600 (support turned into resistance) and any break above that level will take the pair to next level till 6921 (38.2% retracement of 8896 and 5700)/7500. Short term support is around5585 (89- day EMA) and any break below targets 5321 (cloud top)/4960 (cloud bottom).
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©Econometrics LLC . All Rights Reserved.
FxWirePro: BTC/CNY struggles to close above 30- day EMA, good to sell on rallies
Tuesday, January 10, 2017 12:24 PM UTC
Editor's Picks
- Market Data
Most Popular
