BTC/USD 4H Chart: Tests 50.00% Fibo

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Indicator4H1D1W
MACD(12;26;9)BuyBuyBuy
RSI(14)NeutralNeutralSell
Stochastic(5;3;3)BuyNeutralSell
Alligator(13;8;5)NeutralBuyBuy
SAR(0.02;0.2)SellSellBuy
Aggregate

The BTC/USD currency pair has appreciated about 41.3% in value since last week's trading sessions. The cryptocurrency hit the $13877 area on June 26. 

After hitting a resistance level formed by the monthly R3 at 13877.6, the Bitcoin cryptocurrency made a U-turn south.

Currently, the pair is testing a support level formed by the 50.00% Fibonacci retracement level at 10739.7. If the support level holds, the pair will continue its upside movement during the following trading session.

However, if the pair breaks the 50.00% Fibo, the next target for bearish traders will be at the 9623.7 regions.

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台,SWFX和其它相关交易详情,
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.