Per NewsBTC - fa 2 anys - Temps de lectura: 2 minuts
TA: Bitcoin Holds Key Support, Why BTC Remains At Risk of Sharp Decline
Bitcoin retested the $55,500 support zone against the US Dollar. BTC is recovering, but it could face a strong selling interest near $57,500 in the near term.
Bitcoin settled below the key $58,000 and $57,500 resistance levels. The price is now trading below $57,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $58,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is recovering, but upsides might be limited above the $57,500 resistance zone. Bitcoin Price Remains At RiskBitcoin price started a fresh decline from the $59,500 zone. BTC gained pace below the $58,500 and $57,500 support levels to enter a bearish zone.
The decline gained pace below the $56,500 level and the price retested the $55,500 support zone. A low is formed near $55,633 and the price is now correcting losses. There was a break above the $56,500 level. The price climbed above the 23.6% Fib retracement level of the downward move from the $59,411 swing high $55,633 low.
No obstant això, bitcoin price is now trading below $57,500 and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $58,000 on the hourly chart of the BTC/USD pair.
Font: BTCUSD a TradingView.comAn immediate support is near the $56,500 level. The first major support is now forming near the $55,500 level. A downside break below the $55,500 level could spark more losses. In the stated case, the price might decline towards the $55,000 level. Any more losses may perhaps lead the price towards the $52,000 support zone in the near term.
Cap al revés en BTC?If bitcoin stays above the $56,500 support, it could attempt a fresh recovery wave. On the upside, an initial resistance is near the $57,200 level. The first key resistance is near the $57,500 level.
It is near the 50% Fib retracement level of the downward move from the $59,411 swing high $55,633 low. The next major resistance sits near the $58,000 level and the 100 hourly simple moving average, above which the price might rise towards the $60,000 level.
Indicadors tècnics:
Hourly MACD – The MACD is slowly moving into the bullish zone.
RSI (índex de força relativa) horària: l'RSI de BTC/USD encara està per sota del nivell 50.
Nivells d'assistència principals: 56,500 dòlars, seguits de 55,500 dòlars.
Nivells de resistència principals: 57,500 dòlars, 58,000 dòlars i 60,000 dòlars.
Font original: NewsBTC