BTC/USD Daily Technical Analysis for 24.04.2019.

By Trader | Cryptoanalysis | 24 Apr 2019


Present Level: 5586.4

Pivot level: 5530.4

Immediate resistance level: 5665.6

2nd resistance level: 5780.2

3rd resistance level: 5915.4

Immediate support level: 5414.8

2nd support level: 5280.6

3rd support level: 5166.0

Note: Pivot levels are calcualted on Classic system.

Technical indicators status:

Most of the indicators shows bullish trend. So we can consider it as buy.

Moving averages status:

Major number of moving averages shows bullish trend. So we can consider it as Buy.

We can consider overall trend as Strong Buy.

Most of the indicators show overbought status. It is safe take caution before opening a trade.

Note: It is only friendly sharing of my views with my fellow members. Not for any business purpose or paid service. Trade with your own risk.

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Trader
Trader

I am a skilled and experienced forex and crypto trader.


Cryptoanalysis
Cryptoanalysis

I am a full-time Crypto and Forex trader. I wanted to share my daily analysis of some major currency pairs and Crypto pairs through this blog. I hope it can be beneficial for some of our members, who wanted to learn crypto and Forex trading.

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