Bitcoin stayed above the $36,000 support zone against the US Dollar. BTC is now rising, but it could face hurdles near $37,800 and $38,000.
- Bitcoin started a decent recovery wave from the $36,400 zone.
- Cijena se i dalje trguje ispod 38,000 dolara i jednostavan pokretni prosjek od 100 sati.
- Postoji ključna medvjedasta linija trenda, s otporom blizu 37,800 USD na satnom grafikonu para BTC / USD (podatak iz Kraken-a).
- The pair must clear $37,800 and $38,000 to start a steady increase in the near term.
Bitcoin Price Corrects Losses
Bitcoin price started a steady decline from well above the $38,000 level. BTC traded below the $37,000 level and settled below the 100 hourly simple moving average.
However, the bulls were active above the $36,000 and $36,200 levels. A low was formed near $36,300 and the price is now correcting losses. There was a clear move above the $37,000 resistance. The price climbed above the 23.6% Fib retracement level of the downward move from the $39,290 swing high to $36,300 low.
Bitcoin is now consolidating near the $37,500 level. It is still trading below $38,000 and the 100 hourly simple moving average. On the upside, an initial resistance is near the $37,600 level.
The first major resistance is near the $37,800 zone. There is also a key bearish trend line forming with resistance near $37,800 on the hourly chart of the BTC/USD. The trend line is near the 50% Fib retracement level of the downward move from the $39,290 swing high to $36,300 low.
Izvor: BTCUSD na TradingView.com
The 100 hourly simple moving average could also act as a hurdle near $37,800. A clear move above the trend line resistance and $38,000 could set the pace for a steady increase.
Svježi pad BTC-a?
Ako bitkoin ne uspije da pokrene novi rast iznad 38,000 dolara, mogao bi započeti novi pad. Trenutna podrška na dole je blizu zone od $37,000.
The first major support is seen near the $36,300 zone. Any more losses might call for a move towards the $36,000 support zone. If the bulls fail to protect $36,000, there could be a sharp decline in the near term.
Tehnički indikatori:
MACD na satu - MACD sada dobija na značaju u zoni bika.
RSI po satu (indeks relativne snage) - RSI za BTC / USD sada je iznad nivoa 50.
Glavni nivoi podrške - 36,300 USD, a slijedi 36,000 USD.
Glavni nivoi otpora - 37,800, 38,000 i 39,250 dolara.
Izvor: https://www.newsbtc.com/analysis/btc/bitcoin-topside-bias-vulnerable-38k/