Rimani 
Condizioni di trading
Strumenti
Technical outlook:
Bitcoin price action remains sideways for the past few trading sessions, after having dropped from sub $65,000 through $52,000 lows over the last week. The crypto is expected to print one more low around $49,800 mark, before pulling back higher. Also note that potential remains for a decline towards $41,500/600 levels, which is fibonacci 0.382 retracement of the entire rally between $3,850 and $65,000 levels respectively.
Bitcoin price action remains subdued and is trading around $55,200 levels at this point in writing. Immediate short term price support is just below $50,000, while resistance stays around $65,000 levels respectively. A break below $50,000 support will confirm further downside towards $43,000 and $41,500 levels respectively, going forward.
The overall structure continues to remain bullish until prices break below $25,000 mark. For now, Bitcoin should remain well supported around $41,500 levels to resume its uptrend towards $75,000 and higher. Also note that previous swing support is also seen towards $43,000 levels and hence probability for a bullish turn remains high.
Trading plan:
Remain short, add more @ 60,000/61,000, stop @ 65,000, target @ 43,000, 41,000.
Good luck!
Le recensioni analitiche di InstaForex ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaForex, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.
