Crypto Technicals: BCHUSD rangebound, struggles to extend break above 110-EMA
Support: 279.15 (110-EMA); Resistance: 323.59 (200-DMA)
Support: 279.15 (110-EMA); Resistance: 323.59 (200-DMA)
Support: 0.2907 (21-EMA); Resistance: 0.2996 (21W EMA)
Support: 61.03 (55-EMA); Resistance: 60.74 (110-EMA)
Support: 9277 (200H SMA); Resistance: 9715 (Channel top)
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 11.00 (200-DMA); Resistance: 12.09 (38.2% Fib)
Support: 57.16 (21-EMA); Resistance: 60.88 (55-EMA)
Support: 9107 (200-DMA); Resistance: 9282 (200H SMA)
Bitcoin white paper just celebrated its 11th birthday but bitcoin price remains static despite seeing massive price upsurge last week following CCP leader Xi Jinping’s blockchain endorsement.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 56.61 (21-EMA); Resistance: 61.27 (55-EMA)
Support: 0.2725 (4H 200 SMA); Resistance: 0.2847 (110-EMA)
Support: 9026 (200-DMA); Resistance: 9295 (5-DMA)
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 9006 (200-DMA); Resistance: 9616 (100-DMA)
Support: 0.019946 (5-DMA); Resistance: 0.02345 (200-DMA)
Support: 278.30 (110-EMA); Resistance: 324.21 (200-DMA)
Major Cryptocurrency Intraday Support Resistance Levels
Major Cryptocurrency Daily Trend/ Technical Outlook
Support: 56.32 (21-EMA); Resistance: 61.52 (55-EMA)
Support: 4.609 (20-DMA); Resistance: 5.391 (23.6% Fib)
Support: 263.47 (5-DMA); Resistance: 286.64 (21W EMA)
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 0.018670 (110-EMA); Resistance: 0.023497 (200-DMA)
Support: 56 (21-EMA); Resistance: 62.03 (cloud base)
Support: 183.61 (55-EMA); Resistance: 191.04 (100-DMA)
Support: 9156 (23.6% Fib); Resistance: 9940 (Channel Top)
Bitcoin’s third halving is slated to occur on May 2020 and the community is gearing up for another massive price swings due to previous events experiencing the same thing.
The bulls are optimistic that Bitcoin will see its value surge high above resistance levels after the Golden Cross has yet again reared its head.
Morgan Creek Digital is currently trying to raise funding for its $250M target and the firm just reached $60 million on its second tranche alone.
Major Cryptocurrency Daily Trend/ Technical Outlook
Major Cryptocurrency Intraday Support Resistance Levels
Support: 0.8200 (Trendline); Resistance: 0.9015 (21-EMA)
Support: 55.29 (20-DMA); Resistance: 63.90 (55-EMA)
Support: 229.63 (21-EMA); Resistance: 237.99 (4H 200 SMA)
Bitcoin has been experiencing a downward trend after dropping from $10,000 and falling to $8,000, with bears predicting the number could dive further due to lack of market demand.