empty
 
 
Você está prestes a sair
www.instaforex.eu >
de um site operado pela
INSTANT TRADING EU LTD
Abrir Conta

17.03.202309:00 Forex Analysis & Reviews: Technical Analysis of BTC/USD for March 17, 2023

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

Crypto Industry News:

European lawmakers are moving forward with the introduction of an EU-wide digital wallet. After the plenary vote on moving the initiative to interinstitutional negotiations, the majority of MEPs supported the draft.

On 15 March, the European Parliament voted in favor of negotiating a mandate for talks with EU Member States on the revision of the new European Digital Identity (eID) framework. According to the official announcement, the plenary vote ended with 418 votes in favor and 103 against, with 24 abstentions.

After being approved in plenary, the EU Council is now ready to start discussing the final wording of the law immediately, MEPs said. Parliament's position in the negotiations will be based on amendments adopted in February by the Committee on Industry, Research and Energy (ITRE).

As previously reported, ITRE has included a zero-knowledge proof standard in its eID amendments, with the aim of giving EU citizens full control over their identification data.

Technical Market Outlook:

The BTC/USD pair has competed the pull-back at the level of $23,926 and is currently approaching the swing high seen at the level of $25,257. Because this is the key short-term technical resistance, any sustained breakout above this level will change the mid-term sentiment on the cryptocurrency market for more bullish. The momentum on the H4 time-frame chart remains on the elevated levels, so the resumption of the up trend is still on the table as along as the level of $23,926 is not clearly violated (no daily candle close below this level) Please notice, the market keeps trading above the 50 and 100 moving average on the H4 time-frame chart and with the strong and positive momentum, the short-term outlook for BTC remains bullish.

Exchange Rates 17.03.2023 analysis

Weekly Pivot Points:

WR3 - $24,010

WR2 - $23,176

WR1 - $22,860

Weekly Pivot - $22,341

WS1 - $21,967

WS2 - $21,506

WS3 - $20,672

Trading Outlook:

Despite the recent rally, the down trend on the H4, Daily and Weekly time frames continues without any indication of a possible trend termination or reversal. So far every bounce and attempt to rally is being used to sell Bitcoin for a better price by the market participants, so the bearish pressure is still high. The gamechanging level for bulls is located at $25,442 and it must be clearly violated for a valid breakout in the longer term.

Sebastian Seliga
Analytical expert of InstaForex
© 2007-2024

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.



Agora você está saindo do www.instaforex.eu, um site operado pela INSTANT TRADING EU LTD
Não pode falar agora?
Faça sua pergunta no chat.

Turn "Do Not Track" off