Trade setup: Price is in an Uptrend. It broke above $56K and 
59K key levels and reached our target of $SWB:69K-$70K, it’s all-time-high (ATH), which is another significant resistance area. However, price is very overbought (RSI > 80) and is likely to pause and consolidate around this area, before resuming its uptrend.
Now we wait for price to either 1) break above $70K to signal continuation of uptrend, with upside to $79K-$80K next, or 2) pull back near $60K support for another swing trade entry in Uptrend. The approvals of 10 Bitcoin Spot ETFs are working in BTC’s favor. Wanna know which altcoins will benefit from BTC and ETH rise? Read our research report.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance: Nearest Support Zone is59K (previous resistance), then $56K. The nearest Resistance Zone is $SWB:69K - $70K, then $79K.
59K key levels and reached our target of $SWB:69K-$70K, it’s all-time-high (ATH), which is another significant resistance area. However, price is very overbought (RSI > 80) and is likely to pause and consolidate around this area, before resuming its uptrend. Now we wait for price to either 1) break above $70K to signal continuation of uptrend, with upside to $79K-$80K next, or 2) pull back near $60K support for another swing trade entry in Uptrend. The approvals of 10 Bitcoin Spot ETFs are working in BTC’s favor. Wanna know which altcoins will benefit from BTC and ETH rise? Read our research report.
Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance: Nearest Support Zone is
59K (previous resistance), then $56K. The nearest Resistance Zone is $SWB:69K - $70K, then $79K.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。