Buyers finally pass the resistance at 8000 USD.
- Support at 8500 USD
- MA200 and MA100
- Resistance to 9000 USD
Buyers have passed the resistance at 8000 USD and seem to test the resistance at 9000USD.
Buyers have finally managed to pass the resistance at 8000 USD and now try to get closer to 9000 USD. Support at $ 8,500 could hold buyers back in the event of a fall. Nevertheless, resistance at 9000 USD is a major pivot that will be hard to pass. A compression period between 8500 Usd support and 9000 USD resistance could begin.
Buyers must spend 9000 USD to join the next major pivot to 10000USD.
Essential Resistances: 8800 – 9000
Essential supports: 8000 – 8500
Disclaimer: This blog is only the showcase of my work. I expose you to all my personal analyzes, my personal trades, my personal investment decisions, or the positions that I think good without taking them myself. We do not offer any investment advice and they are not trading instructions. Nevertheless, you are free to copy my judgments if you judge my work satisfying
It is important to note and understand that cryptocurrency trading carries serious risks. You can lose the capital invested, see more on some platforms. Take this into account and moderate your investment decisions. Never invest money that you can not afford to lose!