BITCOIN and KAVA Chart Review Update #26 ?

khalil319 (54)in DIGITAL MINE • 5 years ago (edited)

Bitcoin chart review

BTC and KAVA Chart Published By Philosof at Tradingview
https://www.tradingview.com/u/Philosof

Comment: Weekends often bring sharp moves to BTC chart. Not a rule, but tradition. Considering how volume drops, Bitcoin abide traditions and should pump or dump very soon. Bull pennant favor pump, but doesn't guarantee it, as in crypto most obvious patterns are often used against those who see them.

Pivot at 7050. While above targeting ~7300. If close below, will cause dump to nearest support zones.

#BTC #Bitcoin

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Resistance: 7170 - 7255 - 7475 - 7800
Support: 6900 - 6775 - 6600 - 6420

Fear & Greed index: 18 (<= 15 <= 13 <= 18 <= 15)
BTC Dominance: 63.8% (<= 64 <= 63.9 <= 64.1)
24h Volume: $113 billion (<= 151 <= 136 <= 118)

KAVA Chart Update

#KAVA

KAVA making another attempt to break 7600 resistance. Next will be 7900 - if get there, good to buy more on re-test of 7600 support.

KAVA bullish. Good buy zone for pullback at 7622.
Support 8030 - 7620 - 7250
Resistance 8760 - 9230 - 9520

UPDATES

Binance burned 3,373,988 BNB for their 11th burn which is equivalent to $52.4 million - link

Google searches for Bitcoin happen during major movements (up or down) in the price of the crypto asset — link

More than half of eToro's global user base is invested in XRP — link

The Federal Reserve’s balance now stands over $6.3 trillion, equivalent to more than 29% of US GDP — link

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