BTC / USD month forecast met Ricks Van Camp hogtepunten: technical analysis by Sally Ho August 18, 2021 BTC

Bitcoin (BTC / USD) remains on the market side early in the Asian session, steam ranked 47174.62 before yesterday’s North American session, down to 45540 and междневного high, i.e. tested 23.6% – 41509 up to 48912 with GE increasing the correction December.  Graphists have been observing a series of lows over the past few trading sessions, which are a bearish trend that could lead to an October drop in the exchange rate in the near future.  The BTC / USD pair recently peaked at 48176.52, a new one-month high. 

After moving to month highs, downward correction levels and potential technical support areas cover 45418.91, 44767.43 and 44669.26.  If the BTC / USD pair has extended its final upward trajectory, the deceleration levels and potential technical resistance areas include the 48287.98, 52608.44 and 53259.47 zones.  Traders note that the 50-bar average (4 hours) is rising above the 100-bar average (4 hours) and above the 200-bar average (4 hours).   It also shows a 50-bar average (hour), below the 100-bar average (hour), and above the 200-bar average (hour).

Price activity is closest to the 50 bar average (4 hours) at 46154.28 and the 200 bar average (hours) at 46161.14.

Technical support expected in the region 28747.28/ 27706.27/ 27175.66 you’d expect that to happen with the stops below.

Technical resistance expected to be close 48287.98/ 51569.56/ 64899 with stops expected above.  

On the 4-hour chart, SlowK is below slow, while MACD is below the Macda average.

On the 60-minute chart, SlowK is below the slow one, while MACD is below the Macda average.                                                                                                                                               


DISCLAIMER: This trade analysis is provided by a third party and is for informational purposes only. It does not reflect Crypto Daily’s view and is not intended for legal, tax, investment or financial use

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