empty
 
 
26.12.2024 04:56 PM
Trading Signals for BITCOIN (BTC/USD) for December 26-28, 2024: buy if rebound $93,300 (21 SMA - 200 EMA)

This image is no longer relevant

Early in the American session, Bitcoin was trading around 95,525 below the 200 EMA and the 21 SMA. On the H4 chart, we can see that Bitcoin is under bearish pressure. If the price settles below 96,300, we could expect BTC to continue falling to 93,300, a level that coincides with the bottom of the uptrend channel.

If Bitcoin bounces around $93,000 and consolidates within the uptrend channel, it will be seen as a signal to buy with the target at the psychological level of $100,000. We could even expect it to reach +1/8Murray located at 106,250.

On the other hand, if Bitcoin consolidates above 96,500 in the next few days, it will be seen as a signal to resume buying. We should pay attention to 8/8 Murray as this area has become a strong resistance and a technical correction is likely to occur below this zone.

With a consolidation above $100,000 on the H4 chart, Bitcoin could quickly accelerate its rise and could reach +1/8 Murray at 106,250 and could even reach +2/8 Murray at 112,500.

Our trading plan will be bullish as long as Bitcoin trades above $93,000. Below this zone, Bitcoin is likely to drop to 6/8 Murray located at 87,500 and could even reach the psychological level of $80,000.

Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $6000 más!
    ¡En Diciembre, sorteamos $6000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 100% de bonificación
    Su oportunidad única de obtener un bono del 100 % en su depósito
    OBTENER BONO
  • 55% de bonificación
    Solicite un bono del 55% en cada depósito
    OBTENER BONO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback