State of Mind 3rd October

BINANCE:BTCUSDT   Bitcoin / TetherUS
New day on the cryptos market!

What is the feeling this morning?

The market has declined since the beginning of the session, as evidenced by the market capitalization, which then stood at $219 billion and now stands at $214 billion.

The Bitcoin is currently evolving just above its support at $6460 after breaking the previous one at $6550. From a technical point of view, the indicators are still rather negative at the 1h horizon except for the WaveTrends which has already crossed upwards.

From a Fibonacci point of view, we see that the 23.6% extension coincides with the next resistance at $6550. If the $6460 holds, BTC could then move on to its next resistance.

Nevertheless, be careful because technical analysis is not an exact science! So don't forget your stop-loss!


Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out