Bitcoin Slammed Back to Relative Lows

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

quantguy

Bitcoin took another dive after flirting with the $45K’s. We were encountering choppy trading with thin volume and the Kovach OBV has completely leveled off confirming the ambivalence. We do appear to be seeing support just below $45K, but if this does not hold, there is a vacuum zone back to $43.8K. We will have further support around $42K and $40K if the selloff continues. If we are able to pivot from current levels, then $$47.4K is the next target.

You might be interested in …

Trading View April 28, 2022

Repetition of history is inevitable

Repetition of history is inevitable Bitcoin / USD Tether FTX:BTCUSDT hadi26359 None of the lines of support and resistance and none of the candlesticks guarantee a change in the overall market trend, so to find […]

Trading View May 4, 2022

XEM Price Targets and Stop Loss

XEM Price Targets and Stop Loss NEM / TetherUS BINANCE:XEMUSDT BuySellMarketMaker XEM/USDT Entry Range: $0.087 – 0.094 Price Target 1: $0.105 Price Target 2: $0.111 Price Target 3: $0.125 Stop Loss: $0.080

Trading View April 11, 2022

This is the end

This is the end ASTR / TetherUS BINANCE:ASTRUSDT chuichatchavee After complete 5 waves of impulse now we’re on the short side. Expecting to buy more spot when the chart reach the green box. I’ll consider […]