Bullish Development on BTC


* We always provide both the bullish and bearish scenarios because the traders should be aware of what to expect in both cases.

BTC has built a good bottom around $6500 level, from which it started a strong move and quickly broke out the trendline and the 20-day EMA as well. Moreover, it finally broke out the descending channel .

BTC is trading now just below the 50-day SMA , we expect some resistance from this average but once the bulls manage to take BTC above it a rally to $9600 level is possible. It is the 23.6 Fibonacci retracement level from the fall from $20,000 to $6500 and it's where the 200-day SMA is located now.

On the other hand, any dips will be bought by the bulls. The best support areas are $7500 level and the trendline .

Please be noted that I'm just giving the possible higher or lower levels developing according to the chart patterns. It's my own analysis. You should conduct your own research when making a decision.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出