The daily chart of BTC fell from a high of around 122450 yesterday to a low of around 118050, closing at around 118650. The support level is near MA30, and if it breaks, we can look to around 114900. A pullback can be taken at this level for long positions. The resistance level is around 120000; if it breaks, we can look to new highs. The MACD shows an increase in long positions. The four-hour chart shows support near 117500; if it breaks, we can look to around MA200. A pullback can be taken at this level for long positions. The resistance level is around 120300; if it breaks, we can look to around 121700. The MACD shows an increase in short positions, forming a death cross.

BTC2.38%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)