Bitcoin / TetherUSSingkat
State of Mind BTC 27th September
:sparkle: New day on the crypto market!
What is the feeling this morning?
The market is down since yesterday's peak at $218 billion. Indeed, after having gone from $214 billion to $216 billion overnight, its market capitalization is back to $214 billion.
The Bitcoin failed under its resistance at $6550 yesterday and is currently testing its support at $6460. The technical situation 1h is now negative with a MACD that crossed downwards, just like the WaveTrends while the CCI approaches the -100 zone from above.
From a Fibonacci point of view, using the extension tool, we notice that prices have rebounded to the 23.6% level. If the support were to be broken, the 38.2% at $6365 would be the next target. The technical indicators for the 4-hour horizon also show signs of weakness.
So be very careful because the market presents risks of short-term downside, so don't forget your stop-loss!
What is the feeling this morning?
The market is down since yesterday's peak at $218 billion. Indeed, after having gone from $214 billion to $216 billion overnight, its market capitalization is back to $214 billion.
The Bitcoin failed under its resistance at $6550 yesterday and is currently testing its support at $6460. The technical situation 1h is now negative with a MACD that crossed downwards, just like the WaveTrends while the CCI approaches the -100 zone from above.
From a Fibonacci point of view, using the extension tool, we notice that prices have rebounded to the 23.6% level. If the support were to be broken, the 38.2% at $6365 would be the next target. The technical indicators for the 4-hour horizon also show signs of weakness.
So be very careful because the market presents risks of short-term downside, so don't forget your stop-loss!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.