The buyers finally managed to pass the resistance at 10,000 USD.
- Support at 10000 USD
- MA200 and MA100
- Resistance to 11000 USD
Resistance to USD 10,000 has been reached
Buyers have finally managed to pass the resistance at $ 10,000 and are now trying to pass the pivot resistance at $ 11,000. If they succeed, the next major resistance will be around 12,000 USD. On the other hand, in case of fall of the prices, the buyers will be able to count on the support to 10000USD. Prices are therefore evolving in a range between $ 10,000 and $ 11,000, the outcome of which will be decisive for the short-term trend.
Buyers must spend 11000 USD to join the next major pivot to 12000USD.
Essential Resistances: 11000 – 12000
Essential supports: 10000 – 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!