BTC/USD pierces support levels

Note: This section contains information in English only.
Source: Dukascopy Bank SA


During the late part of 2022, the price for Bitcoin pierced the support zone at 17,600.00/18,735.00 and the 2020 November low levels. However, support was found in the 15,515.00/15,660.00 range. Afterwards, the pair retraced above 18,000.00 and found resistance.

During the holiday period, the crypto traded between one of the November low levels at 16,450.00 and the resistance of the 50-day simple moving average.

In regards to the near term future, the price could once again test the resistance of the 17,600.00/18,735.00 zone, before approaching the 19,000.00 and 20,000.00 levels. In addition, the 200-day SAM might slow down a surge near 19,650.00.

On the other hand, a decline of the cryptocurrency is bound to look for support at 16,450.00 and 16,000.00. Afterwards, the 15,515.00/15,660.00 range is once again expected to act as support.
Back to articles

Actual Topics

Thu, 05 Jan 2023 11:50:11 GMT

US Tech stocks trade above support

The US tech stocks have continued to trade in the range between the support zone at 10,445.00/10,650.00 and resistance at 11,920.00/12,080.00. In December, the index bounced off the resistance zone and declined to the support. At the start of 2023, it appeared that the support zone had held and the index had recovered to trade near 11,000.00. In the case of a

Tue, 13 Dec 2022 09:55:49 GMT

South Africa Index consolidates below 70,000.00

At the start of December, the South African stock index hit the 70,000.00 mark, which acted as resistance. The following decline found support in the November high level zone at 67,450.00/67,650.00. A decline below the 67,450.00 level could look for support first in the 67,000.00 mark, before approaching the late November low level zone at 65,600.00/65,850.00. On the other hand, a

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.