Bitcoin (BTC/USD) Expanded recent trading activities width with Fluctuation range As traders continue to be Selling pressure appears again below of 40,000 psychologically important people. Follow the two closest New life high Around 41986.37 Area, Sales pressure after that Intensify Around 41,452.12 with 40,164.67 area. This one Pull back pressure Original BTC/USD weakens To 34444 Area, its Minimum printing Since recently string SFell to a record high with the above of 40000 figure. Chart experts point out that falling to this level represents test of 38.2% retracement of Value-added scope From 21,913.84 to 41986.37. stop Yes Elected The following various Downside retracement level During this period Acute callback, Including 38,159.91, 37,249.25, 36,226.47, 35,900.79, 35,784.73with 35,454.75 area. Follow this recently depreciation, Other areas Potential technical support Include 32988.07, 32,663.14, 32,135.98, 31,948.12, 31414.00, 29,783.19, 2,093.19, 28,847.31, 28,148.19with 27421.33 level.
In the recent rise stop Recently The above elected A series of additional Upside price target, Including 40,517.80, 40,667.76, 40991.44, 41200, 41,267.10with 41489.74 level. stop Recently The above elected of 35,943.73, 36480.83with 36,854.45 as well as Upside price target Related Previous buying pressure Around 17580, 16200with 9819.83 level with Increased selling These areas have recently depreciation. in case BTC/USD can Extend Recent harvest Upside, Extra Upside price target Include 42309.01, 42,701.91, 42,803.53, 43,447.48with 43617.07 level. The trader is Observed That 50 bar average pressure (every 4 hours) Yes Above bullish of 100 bar average pressure (every 4 hours) with the above of 200 bar average pressure (every 4 hours). In addition, 50 bar average pressure (per hour) Yes Optimistically Instructions the above of 100 bar average pressure (per hour) with the above of 200 bar average pressure (per hour).
Price activity closest 50 bar MA (4 hours per hour) in 36,352.72 with 200 bar MA (Per hour) at 36,244.39.
technical support Expected at 33638.11 / 33121.14 / 32164.09 versus stop Expected below.
Technical resistance Expected at 42309.01 / 42701.91 / 42803.53 versus stop Expected above.
Up 4 hours Chart, Slow Yes Short position is below SlowD While MACD Yes The short position is lower than MACDAverage.
Up 60 minutes Chart, Slow Yes Short position is below SlowD While MACD Yes Shorts are below MACDAverage.
Disclaimer: This transaction analysis is provided by a third party and is for reference only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment or financial advice.