-MY OPINION BULLISH ABOVE 11,504.60 USD -MY TARGETS 11,962.70 USD (+0.98%) 12,330.20 USD (+4.09%) -TECHNICAL INDICATORS BULLISH 44% BEARISH 17% 39% EQUAL -MY ANALYSIS All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on Bitcoin - BTC/USD as long as the price remains well above 11,504.60 USD. The buyers” bullish objective is set at 11,962.70 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 12,330.20 USD. If there is any crossing, the next objective would be the resistance located at 12,932.90 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
-Quotes The Bitcoin - BTC/USD rating is 11,846.25 USD. The price is lower by -1.19% since the last closing with the lowest point at 11,781.19 USD and the highest point at 12,038.42 USD. The deviation from the price is +0.55% for the low point and -1.60% for the high point. -Technical: Technical analysis of Bitcoin - BTC/USD in 1H shows a strongly overall bullish trend. The signals given by moving averages are 82.14% bullish. This strongly bullish trend seems to be running out of steam given the signals being given by short-term moving averages. The Indicators scanner does not detect any result on moving averages that would impact this trend. In fact, only 8 technical indicators out of 18 studied are currently positioned bullish.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.