Bitcoins Next Support Level (Buy Zone) - When To ReBuy?steemCreated with Sketch.

in #bitcoin • 7 years ago

Resistance:

  • SMA50 and Downtrend line (strong resistance) around $10,660.
  • EMA21 and Fib level around $9,950 - $10,020.

Support:

  • SMA20 around $9,550.
  • EMA200 around $8,950.
  • SMA200 and Fib level around $8,400 - $8530.

Some resistance and support levels based on different tools for the daily (24 hours per candle) time frame.

We've broken one of the resistance levels, we aim for the next one now (strong resistance around $10,660).

You can use the update above to basically know where Bitcoin is headed on the short term based on what it is doing now.

If we start going down, you know the price level we are going to be testing next.

#btc #cryptocurrency #trend
7 years ago in #bitcoin by
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     7 years ago 

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