Condizioni di trading
Strumenti
The price of Bitcoin (BTC / USD) is approaching the psychological level of $60,000, ready to challenge its all-time high in the $64,000 zone. At this time of writing, it is trading at $58,872 approaching the 7/8 reversal zone of murray around $59,350.
The technical reading of the eagle indicator shows that Bitcoin is approaching the overbought zone. In view of the fact that it has made a double top at the 95 zone, this is a sign that there could be a downward correction in the coming days.
The outlook for Bitcoin has changed after breaking the $56,250 zone and the 200 EMA in 4-hour charts. This indicates that there could be a very strong movement to the $64,000 level, its previous high, only if it consolidates above $60,000.
On the contrary, a new return below $56,800, where the 200 EMA is located, will be considered a good selling opportunity with targets at $54,250 and $52,256.
The market sentiment for Bitcoin shows more than 89% of traders are buying BTC / USD. This is a sign that we are facing a consolidation phase and if it does not manage to break the psychological level of $60,000, an opposite movement could occur until the support out of $50,000.
Support and Resistance Levels For May 03 - 04, 2021
Resistance (1) $58,784
Resistance (2) $59,720
Resistance (3) $61,143
*******************
Support (1) $57,090
Support (2) $56,004
Support (3) $55,068
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.