BTC/USD BUY LIMIT
ENTRY 1 $8,286 & ENTRY 2 $8,068
SL $7,840
TP.1 $8,686 & TP.2 $9,068
TP.3 $9,468 & TP.4 $10,000
TP.5 10,468
that recent relative peak was also below the 9765.93 area, representing the 38.2% retracement of the move from 3128.89 to 13868.44. The next downside retracement level in this range is the 8498.67 area and the next upside retracement level in this range is the 11333.91 area. Perhaps the most important range that has recently impacted price activity is the considerably broader move from 19891.99 to 3128.89. Notably, the 9532.39 area represents the 38.2% retracement of this range, and that level again fell during yesterday’s North American session. The next upside retracement level in that range is the 11510.44 area and the next downside retracement level in that range is the 7084.98 area.
Price activity is nearest the 200-bar MA (4-hourly) at 9549.51 and the 50-bar MA (Hourly) at 9651.42.
Technical Support is expected around 9121.40/ 8760.98/ 8216.71 with Stops expected below.
Technical Resistance is expected around 10534.04/ 10652.04/ 10698.24 with Stops expected above.
ENTRY 1 $8,286 & ENTRY 2 $8,068
SL $7,840
TP.1 $8,686 & TP.2 $9,068
TP.3 $9,468 & TP.4 $10,000
TP.5 10,468
that recent relative peak was also below the 9765.93 area, representing the 38.2% retracement of the move from 3128.89 to 13868.44. The next downside retracement level in this range is the 8498.67 area and the next upside retracement level in this range is the 11333.91 area. Perhaps the most important range that has recently impacted price activity is the considerably broader move from 19891.99 to 3128.89. Notably, the 9532.39 area represents the 38.2% retracement of this range, and that level again fell during yesterday’s North American session. The next upside retracement level in that range is the 11510.44 area and the next downside retracement level in that range is the 7084.98 area.
Price activity is nearest the 200-bar MA (4-hourly) at 9549.51 and the 50-bar MA (Hourly) at 9651.42.
Technical Support is expected around 9121.40/ 8760.98/ 8216.71 with Stops expected below.
Technical Resistance is expected around 10534.04/ 10652.04/ 10698.24 with Stops expected above.