BTCUSD - Currently Testing Bull Market Support Trend

Bitcoin / U.S. dollarBitstamp

Description

⋅ Aug 15, 2021 11:07 AM

Hi folks,

Quick update on BTCUSD. Currently testing our pink bull market support trend. See the image below to understand where our trend is coming from.

Comment

⋅ Aug 15, 2021 11:08 AM

The micro perspective:

Comment

⋅ Aug 15, 2021 11:52 AM

USD.T graph is also useful for understanding the market.

Comment

⋅ Aug 16, 2021 7:20 PM

How our support band looks at the moment.

Trend Analysis

Comments

San84439

⋅ Aug 15, 2021 11:14 AM

It is now broke the trend line

SBLineker

⋅ Aug 15, 2021 11:20 AM

@San84439, here's how the 1H looks on my chart. We would need a close below 45.5K in order to break it in my opinion!

San84439

⋅ Aug 15, 2021 11:25 AM

I hope it still bull

SBLineker

⋅ Aug 15, 2021 11:51 AM

@San84439, yeah we are definitely at crossroads. Also eyeing USD.T graph for confirmation.