Bitcoin's Support & Resistance Levels Short-Term [10X Lev.]

Diupdate
Right now we are looking at Bitcoin (XBTUSD) short-term, on this chart you can find the different important support and resistance levels... Let's take a look.

Bitcoin XBTUSD (1h) Support levels
1) $5060, 2) $4800, 3) $4500, 4) $4100, 5) $3600, 6) $3100

Bitcoin XBTUSD (1h) Resistance levels
1) $5350, 2) $5600, 3) $6000, 4) $6500, 5) $6900, 6) $7400

Bitcoin XBTUSD (1h) Chart Signals

Prices are trading below EMA10, EMA50, and EMA100, giving this pair short-term bearish potential (the potential changes if prices move and close above the mentioned EMAs).

The MACD is showing a bearish cross while the RSI is trending down. Both indicators are still strong and allow for any direction at the moment.
This chart can easily change and move to either direction.

  • While prices remain below resistance, we stay bearish.
  • If prices move above resistance, we go bullish.


We adapt to the present and the charts at all times and always have a plan/strategy in place before we decide to trade.

We are opening a new position on 8/10X lev. for XBTUSD. Let us know if you want to see the full trade details by hitting LIKE. If enough people hit like, 222 likes, we will know there is enough interest and share the full trade details (buy-in, targets, stop-loss, and additional information).

Thanks a lot for reading and for your continued support.

This is Alan Masters.

Namaste.
Catatan
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