BTC/USD - Page 72
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Thread: BTC/USD

  1. #1
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    BTC/USD


    Bitcoin is a decentralized digital currency created by Satoshi Nakamoto in 2009.


    Technical Analysis. forecasts,opinions, trading recommendations for BTC/USD

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  2. #711
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    BTC/USD price rushed up strongly to surpass our first target expected at 7628.00 and reach the threshold of the second target at 8329., boosting the expectation of continuing upward trend in the short and medium term, with the indication that the last level will pay the price towards the 8800 regions mainly.Moving average 50 continues to support the proposed upward wave, which requires persistence above the 7628 level.
    Expected trading range for today between support 8000 and resistance 8600.


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  3. #712
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    Bitcoin during yesterday morning trades failed to penetrate the $8303 areas as a result of the weak intention of the buyers thus landed towards the $7560 areas during yesterday evening trades.Yesterday evening bounced from $7560 levels towards areas $8121.


    Bitcoin is not traded through a specific trend, which can be observed by the naked eye following the price behavior. So we do not recommend that you currently trade it and even take a definite direction to trade through it.


    It is expected that in the event of penetration of $8121 areas may target 8929 areas. While in the broken areas $7560 may target $7124.


    Support: 7500 – 7103-6766.
    Resistance: 7924-8303-8929.


    Direction: Neutral


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  4. #713
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    BTC/USD price resumed its positive trades after testing the level of 7628.00 in the past sessions, moving over the barrier of 8000.00 dollars now, which supports the continuation of our expectations for the upward trend in the coming period, stimulated by the positive stochastic indicator which clearly appears through the time frame of four hours.Our positive goals start at 8329.00 and extend to 8800.00 after the previous level breakthrough, with the indication that achieving these goals requires stability above the 7628.00 level.
    Expected trading range for today between support 7800.00 and resistance 8400.00.


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  5. #714
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    Bitcoin during yesterday morning trades landed from $8121 levels as a result of poor torque of buyers up to $7792 areas and then bounced towards 8085 areas. The currency we looked at is currently neutral as a result of not trading through a specific trend since the first trades yesterday and yet on the hour chart.


    It is expected that in case of penetrating $8121 areas may target areas of 8929. On the other side in case of breaking $7792 areas may target $7252.


    Support: 7500 – 7103-6766.
    Resistance: 7924-8303-8929.


    Direction: Neutral


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  6. #715
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    BTC/USD price continues to fluctuate around the level of 8000.00 and finds it difficult to confirm its breakthrough, waiting for a strong positive incentive enough to push the trades to continue to rise in the next period.In general, we continue to weigh the upward trend in the immediate and short term unless the level of 7628.00 is broken and the stability below it, with the indication that we are waiting to visit levels 8328.00 and 8800.00 as the next major stations.
    Expected trading range for today between support 7800.00 and resistance 8400.00.


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  7. #716
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    Bitcoin broke $7924 levels during yesterday morning trades and continued to bleed up to $7742 areas and then bounced from these levels towards the $8029 areas.With the failure of re-testing in penetrating areas of $7924 due to the pressure of oxen on them landed towards the first support levels.


    Bitcoin is traded in a downtrend under configuration that supports the trend of breaking the upward trend line during current morning trades, we recommend selling with failure in the case of broken $7500.


    It is expected that in the event of penetration of $7684 areas may target 8173 areas. While in the broken areas $7500 may target $7103.


    Support: 7500 – 7103-6766.
    Resistance: 7924-8303-8929.


    Direction: Bearish.


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  8. #717
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    BTC/USD price was not able to achieve further gains during the past sessions, so the pressure on axial support 7628.00 now starts and tries to break it, which provides signals on the formation of a low peak may pay the price to return to the downward corrective track, to be expected downward slope during the next sessions, Target 7195.00 areas in principle.Be aware that failure to confirm the break 7628.00 will stop the proposed negative scenario and pay the price to recover again and achieve positive goals starting at 8328.00.
    Expected trading range for today between support 7200.00 and resistance 7900.00.


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  9. #718
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    Bitcoin with the beginning of yesterday morning trades landed from $7609 levels to break the upward trend line and continued to bleed up to 7417 $ areas. During the trades yesterday evening bounced from $7417 levels towards the $8014 levels achieved this morning, and penetrated the resistance zone $7924 but without confirmation at the moment. Bitcoin currently retests the broken downward trend line with the beginning of yesterday's trades so the currency does not take a specific direction and the technical indicators support our view.


    It is expected that in case of penetration of $8029 areas may target 8303 $ areas. On the other hand in case of pussy $7738 areas may target $7552.


    Support: 7500 – 7103-6766.
    Resistance: 7924-8303-8929.


    Direction: Bearish


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  10. #719
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    BTC/USD price trades went up strongly to penetrate the level of 7628.00 and settle over it again, thereby reactivating the upward trend scenario and stopping the downward corrective pressure referred to in our last report, in a way to visit the 8328.80 level initially.Thus, the upward slope will be weighted during the next sessions, on the condition that the 7628.00 is stable.
    Expected trading range for today between support 7628.00 and resistance 8328.80.


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  11. #720
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    Bitcoin during the trades yesterday evening failed to break the areas of $7924 as a result of weak intention of the sellers. Thus bounced to penetrate the downward trend line and then penetrated the area of $8303 during the trades yesterday evening and continued to rise until the regions of $89001


    Bitcoin is traded upward on the hourly interval supported by the penetration of the $8303 resistance zones and the penetration of the downward trend line during the trades of yesterday evening. Currently, we recommend purchasing in case of stability above the upward trend line during re-testing or in case of penetration $8901 to avoid hitting stop loss.


    It is expected that in case of penetrating $8901 areas may target 9608 $ areas. On the other hand in the case of breaking $8680 areas may target $8014.


    Support: 8303 – 7924-7500.
    Resistance: 8929-9608-9976.


    Direction: Upward


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