BITCOIN BTC / USDT TECHNICAL ANALYSIS AND BTC, BNB and ETH INTRADAY LEVELS 7 AUGUST

BITCOIN BTC / USDT TECHNICAL ANALYSIS AND BTC, BNB and ETH INTRADAY LEVELS 7 AUGUST

By trade60 | trade60 | 7 Aug 2021


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Bitcoin carried out the continuation we talked about yesterday, with a short break above 42,000 and a very high volume at the beginning of the weekend. I believe we can confirm a continuation of the growth that can last until the close of the week. The close on the 4-hour chart above 42500 confirms that 44500/45400 could be reached. In the short term, the stock could correct, but the important thing is that it remains above the ascending trend line. Support has now become 42600.
For intraday trading I am attaching today's levels for BTC BNB and ETH.
How to interpret these levels?
I use them like this, I use a time frame of 30 minutes and with a close of the candle above the BUY ABOVE price I go long with the relative targets. And the indicated stop loss. I consider the first three targets the most important ones.
A short opening occurs with a price below SELL BELOW with the relative targets and the stop loss.

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Chart from tradingview.com

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This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

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trade60
trade60

Sono un uomo di 60 anni, non lavoro da un bel pò di tempo e ora mi occupo a tempo pieno di trading e di cryptovalute


trade60
trade60

Mi occupo di analisi tecnica e trading sui mercati finanziari dal 2000, dal 2018 mi sono interessato alle criptovalute prima minandole e poi guadagnandole con qualche app/sito. Qui troverete informazioni utili sul trading, come guadagnare criptovalute dal nulla e come aprire wallet affidabili. Tutto questo senza fornire un servizio di consulenza ma di passione. Chi investe i propri soldi in operazioni finanziarie speculative si assume dei grossi rischi di perdere il capitale.

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