Rimani 
Condizioni di trading
Strumenti
The leading Cryptocurrency BTC / USD, this morning of the American session is trading above the SMA of 21 and below the 6/8 of Murray, showing a bullish signal.
Investor sentiment is very changeable, for example when Bitcoin rises generates strong euphoria among investors, and when BTC consolidates and ranges it generates anxiety, but a rapid decline causes investors to panic and BTC falls a lot faster.
It is undoubtedly a very volatile asset and the price is anything but stable, sometimes we have seen a 10% to 15% drop in one day, which should not surprise us.
Having said this, now we are facing a possible euphoria of buying the BTC again. In the chart, we note that the BTC is challenging the resistance zone of $56,250. If it consolidates above this level, the target for the next few hours will be in $59,350 and $62,500.
Conversely, a consolidation below $54,000 could see a drop to support $50,900, and breaking this level could challenge the psychological level of $50,000 for a further bearish attempt to levels of $43,500.
For now our recommendation is to buy above $56,250 as long as it remains above the 21 SMA, also the eagle indicator is showing an imminent bullish rebound.
Support And Resistance Levels For April 21 - 22, 2021
Resistance (1) $57,170
Resistance (2) $58,131
Resistance (3) $59,365
Support (1) $54,366
Support (2) $52,032
Support (3) $50,702
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.
