Bitcoin Price Recovers Ground But This Resistance Is The Key For Upside

پاران NewsBTC - 1 سال اڳ - پڙهڻ جو وقت: 2 منٽ

Bitcoin Price Recovers Ground But This Resistance Is The Key For Upside

Bitcoin price is rising and trading above $23,000. BTC could gain bullish momentum if there is a clear move above the $23,500 resistance zone.

Bitcoin is correcting losses and trading above the $23,000 support zone. The price is trading above $23,000 and the 100 hourly simple moving average. There was a break above a crucial bearish trend line with resistance near $23,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further and move into a bullish zone if it clears the $23,500 resistance.

Bitcoin Price Forms Decent Support

Bitcoin price remained well bid above the $22,500 سپورٽ. A base was formed above $22,500 and BTC started a decent recovery wave. There was a clear move above the $22,800 and $23,000 resistance levels.

There was also a break above a crucial bearish trend line with resistance near $23,000 on the hourly chart of the BTC/USD pair. The pair climbed above the 23.6% Fib retracement level of the key decline from the $24,282 swing high to $22,599 low.

Bitcoin price is trading above $23,000 and the 100 ڪلاڪ سادي حرڪت وارو اوسط. An immediate resistance is near the $23,450 zone. It is near the 50% Fib retracement level of the key decline from the $24,282 swing high to $22,599 low.

جو ذريعو: TradingView.com تي BTCUSD

The next major resistance is near the $23,500 zone. A clear move above the $23,500 resistance might start a steady increase. In the stated case, the price may perhaps jump towards the $24,000 level. The next resistance could be near the $24,250 level, above which btc price might rise towards the $25,000 resistance zone.

بي ٽي سي ۾ ڊپس سپورٽ ڪئي وئي؟

If bitcoin price fails to clear the $23,500 resistance, it could start another downside correction. An immediate support on the downside is near the $23,000 zone and the 100 hourly simple moving average.

The next major support is near the $22,800 zone. A downside break below the $22,800 zone might send the price towards the $22,600 zone. Any more losses might call for a test of the $22,500 support in the near term.

ٽيڪنيڪل اشاري:

ڪلاڪ MACD - MACD ھاڻي تيز رفتار زون ۾ رفتار و losingائي رھيو آھي.

ڪلاڪ وارو آر ايس اي (نسبتي طاقت انڊيڪس) - بي ٽي سي / يو ايس آر لاءِ آر ايس ايس هاڻي 50 جي سطح کان مٿي آهي.

مکيه سپورٽ جي سطح - $ 23,000،22,800 ، پٺيان XNUMX،XNUMX $.

ميزين جي مزاحمت جو سطح، 23,450،23,500 $، 24,000،XNUMX ۽ $ XNUMX ڊالر.

اصل ذريعو: نيوز بي ٽي سي