BTCUSDT, Daily Technical Analysis. Monday, 30 Jan 2020,
BTCUSDT, Daily Technical Analysis. Monday, 30 Jan 2020,
PRICE TREND
The uptrend is still dominant
BTCUSDT is currently blocked by an old resistance 9500.
VOLUME
Reduced, wait for correction to 8800-9100 last support area or pump to 9800 (last resistance)
SUPPORT
During strong up trending, the EMA13-EMA26 is a good support area
MACD and RSI show a sign of correction or retest
CONSIDER
The recent strong trending period without deep correction may lead to correction for BTCUSDT
Especially when BTCUSDT approaches the very strong area of 9.500 – 10.000.
Trading strategy today is waiting to buy from below in the retest areas 8.800 – 9.100
PRICE TREND
The uptrend is still dominant
BTCUSDT is currently blocked by an old resistance 9500.
VOLUME
Reduced, wait for correction to 8800-9100 last support area or pump to 9800 (last resistance)
SUPPORT
During strong up trending, the EMA13-EMA26 is a good support area
MACD and RSI show a sign of correction or retest
CONSIDER
The recent strong trending period without deep correction may lead to correction for BTCUSDT
Especially when BTCUSDT approaches the very strong area of 9.500 – 10.000.
Trading strategy today is waiting to buy from below in the retest areas 8.800 – 9.100