State of Mind BTC 27th September
:sparkle: New day on the crypto market!
What is the feeling this morning?
The market is down since yesterday's peak at $218 billion. Indeed, after having gone from $214 billion to $216 billion overnight, its market capitalization is back to $214 billion.
The Bitcoin failed under its resistance at $6550 yesterday and is currently testing its support at $6460. The technical situation 1h is now negative with a MACD that crossed downwards, just like the WaveTrends while the CCI approaches the -100 zone from above.
From a Fibonacci point of view, using the extension tool, we notice that prices have rebounded to the 23.6% level. If the support were to be broken, the 38.2% at $6365 would be the next target. The technical indicators for the 4-hour horizon also show signs of weakness.
So be very careful because the market presents risks of short-term downside, so don't forget your stop-loss!
What is the feeling this morning?
The market is down since yesterday's peak at $218 billion. Indeed, after having gone from $214 billion to $216 billion overnight, its market capitalization is back to $214 billion.
The Bitcoin failed under its resistance at $6550 yesterday and is currently testing its support at $6460. The technical situation 1h is now negative with a MACD that crossed downwards, just like the WaveTrends while the CCI approaches the -100 zone from above.
From a Fibonacci point of view, using the extension tool, we notice that prices have rebounded to the 23.6% level. If the support were to be broken, the 38.2% at $6365 would be the next target. The technical indicators for the 4-hour horizon also show signs of weakness.
So be very careful because the market presents risks of short-term downside, so don't forget your stop-loss!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。