BTCUSD (Bitcoin) - Technical analysis
Context : Following previous analysis
the BTCUSD reached the downside target (consolidation) at 43000. Now a new upside move is expected after having shaped the Wave IV consolidation pattern.
Key element:
- RSI shows divergance
- 39/43K key elliot wave target + fibo support
- 54375 key resistance (confirmation level) = target 1 to 3 days
Conclusion
Turn Bullish above 39K/43K to play new test of previous highs by surpassing 54375 short-term target. Only a clear break above 54375 would lower the downside risk
Context : Following previous analysis
Key element:
- RSI shows divergance
- 39/43K key elliot wave target + fibo support
- 54375 key resistance (confirmation level) = target 1 to 3 days
Conclusion
Turn Bullish above 39K/43K to play new test of previous highs by surpassing 54375 short-term target. Only a clear break above 54375 would lower the downside risk
거래청산: 스탑 닿음
CIO & Head of market research (Automata - Akt.io)
Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
The is a global risk off mode on going on crypto with ETH to 2300 and some shitcoin in struggle.
Only 46000 reintegrated fast would lower a direct downisde risk.
Conviction to see a strat of strong upside move from here is low, below 39K in case of clear break we go to 28200...
TAKE CARe - don't use marging