Bitcoin this week has been quite interesting, having declines that really scare some new ones, if we realize it we are still in an uptrend. But how far can we fall?
In my personal opinion the indicators announce downward. But many traders remain bullish. I think we could touch 54100 USDT and from there start a bullish rally for a period of days.
Exchange BTCUSDT 1d Binance
Price:56,848.22|54,340.89|54,083.25
Vol: 37,584| 59,789| 62,582
ATR: 3,726.2097
OBV: 875.0 K| 837.4 K| 777.6 K
RSI: 56.30| 50.90| 50.32
MFI: 56.53| 58.59| 64.91
CCI: -74.66| -146.89| -89.42
WR%: -44.07| -80.51| -93.31
ADX: 19.32| 20.52| 21.93
MOM: Bearish Momentum
SMA: Price is Above SMA Bullish
ADI: -DI > +DI Bearish
MACD: Bearish
PSAR: Bearish
Support And Resistance
S: $48,751.710
S: $50,971.750
S: $54,083.250
R: $57,351.560
R: $61,188.390
In my personal opinion the indicators announce downward. But many traders remain bullish. I think we could touch 54100 USDT and from there start a bullish rally for a period of days.
Exchange BTCUSDT 1d Binance
Price:56,848.22|54,340.89|54,083.25
Vol: 37,584| 59,789| 62,582
ATR: 3,726.2097
OBV: 875.0 K| 837.4 K| 777.6 K
RSI: 56.30| 50.90| 50.32
MFI: 56.53| 58.59| 64.91
CCI: -74.66| -146.89| -89.42
WR%: -44.07| -80.51| -93.31
ADX: 19.32| 20.52| 21.93
MOM: Bearish Momentum
SMA: Price is Above SMA Bullish
ADI: -DI > +DI Bearish
MACD: Bearish
PSAR: Bearish
Support And Resistance
S: $48,751.710
S: $50,971.750
S: $54,083.250
R: $57,351.560
R: $61,188.390
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.