Condizioni di trading
Strumenti
Bitcoin rose through $30,100 intraday on Tuesday only to find resistance and pull back sharply thereafter. The crypto has dragged lower towards $29,500 at this point in writing as the consolidation continues. Prices need to clearly break above $31,400 to accelerate further through $40,000 and higher.
Bitcoin might drop towards $27,800 before bouncing back since it is the Fibonacci 0.618 retracement of the recent upswing between $25,500 and $31,400. The crypto is developing its counter-trend rally since the $25,500 lows. The rally is expected to terminate at about $42,000 at least. The potential remains towards $48,000 and $52,000 going forward.
Bitcoin has carved its larger degree downswing between $69,000 and $25,500 levels. The same is being worked upon and the price could be retraced up to the Fibonacci 0.618 level, which is seen at around $52,000. Traders would be preparing to to initiate fresh short positions from around the $48,000-52,000 zone going forward.
Potential rally through $42,000 and $48,000 against $25,500
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.