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BTCUSD Bybit Chart Analysis March 26th.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 26th .
This is a 30-minute chart created yesterday.
The trend was stronger than I thought,
In the marked finger section,
Every move came out.
It was a two-way revenue,
Congratulations.
This is a daily chart.
Bollinger bands Above the center line,
an additional day candle was created.
Also, it could not break through the blue clouds.
Up and down ,The fighting is fierce,
In this part, I brought a trading strategy.
Today's trading strategy.
It is a 30 minute chart. and It's a neutral strategy.
Blue and red respectively, check the route.
Also ,
Smile section at the top and sad section at the bottom section inside,
Check your movement.
And in each position,
Pay attention to the finger section.
Good luck.
Thank you.
BTCUSD : Bitcoin ready for 8500 ?Hi BTCUSD is ready for move to next target 8500 .
We think Market is on bullish we don't think what other are still bearish .this is not the time for short the market its highly risky.
7600 is little resistance , 6800 is good support zone if support is compromise then price may fall to 5k..anything can happen ..but above 7k is good for looking swing trade for target 8500....Hope you enjoy
Comments & Like are welcome......
BTCUSD pattern unfoldingBitcoin is starting to push lower in early Wednesday trade after the buyers failed to gain traction above the $7,300 level earlier this week. A bearish head and shoulders pattern remains valid on the lower time frames while price trades below the $7,800 level. Overall, traders may use any pullbacks in price as a chance to short the BTCUSD pair, with the $6,600 level the near-term goal.
• The BTCUSD pair is only bullish while trading above the $7,300 level, key resistance is located at the $7,450 and $7,850 levels.
• If the BTCUSD pair trades under the $7,300 level, sellers may test towards the $7,000 and $6,600 support levels.
BTCUSD $7,300 pivotalBitcoin is under slight downside pressure in early week trade after being technically rejected just before the $8,000 resistance level. The BTCUSD pair was rejected from the top of a large falling wedge pattern on the daily time frame, currently located around the $7,800 level. Going, buyers need to maintain daily price closes above the $7,300 level to encourage another potential wedge breakout.
• The BTCUSD pair is only bullish while trading above the $7,300 level, key resistance is located at the $7,800 and $8,200 levels.
• If the BTCUSD pair trades under the $7,300 level, sellers may test towards the $6,850 and $6,600 support levels.
BTCUSD $8,000 possibleBitcoin has staged a strong bounce back from its recent dip under the $7,000 level, with bulls performing a solid breakout above the $7,400 level. Short-term technical analysis shows that a recovery above the $7,400 level could lead to a rally back towards the $8,000 level. Only a sustained decline below the recent swing-low, at $6,850 can negate the possibility of an upside recovery in the BTCUSD pair.
• The BTCUSD pair is only bullish while trading above the $7,400 level, key resistance is located at the $8,000 and $8,200 levels.
• If the BTCUSD pair trades under the $7,400 level, sellers may test towards the $6,850 and $6,600 support levels.
BTCUSD below $7,000Bitcoin remains vulnerable to further losses on Monday after the cryptocurrency failed to perform a strong rally away from the $7,000 level over the weekend. Going forward, a weekly close below the $6,650 level would be the next strong bearish signal. A daily price close back above the $8,000 level is now needed to confirm that a medium-term price floor has been established.
• The BTCUSD pair is only bullish while trading above the $8,000 level, key resistance is located at the $8,250 and $8,550 levels.
• If the BTCUSD pair trades under the $7,000 level, sellers may test towards the $6,600 and $6,000 support levels.
BTCUSD crash continuesBitcoin has continued its double-digit weekly decline, with the number one cryptocurrency crashing back towards the $7,500 support level. Going forward, a break below the $7,220 level would be extremely bearish for the BTCUSD pair over the medium-term. BTCUSD buyers desperately need to rally the cryptocurrency back above the psychological $8,000 resistance level.
• The BTCUSD pair is only bullish while trading above the $8,000 level, key resistance is located at the $8,200 and $8,500 levels.
• If the BTCUSD pair trades under the $8,000 level, sellers may test towards the $7,220 and $6,600 support levels.
BTCUSD at risk under $8,000Bitcoin is at risk of further losses on the digital currency market as the BTCUSD pair declines below the psychological $8,000 level. BTCUSD buyers need to rally price above the $8,550 level to secure the number one cryptocurrencies medium-term prospects. A sustained break under the $8,000 support level could see the BTCUSD pair falling towards the $7,500 technical area.
• The BTCUSD pair is only bullish while trading above the $8,550 level, key resistance is located at the $9,000 and $9,400 levels.
• If the BTCUSD pair trades under the $8,550 level, sellers may test towards the $8,000 and $7,500 support levels.
BTCUSD $8,500 keyBitcoin is attempting to move away from critical technical support as the recent bearish momentum in the cryptocurrency is starting to fade. The BTCUSD pair will need to rally towards the $9,800 level in order to confirm that a medium-term price floor has been established. Traders should note that a sustained loss of the $8,500 support level could lead to a strong decline towards the $7,900 level.
• The BTCUSD pair is only bullish while trading above the $9,250 level, key resistance is located at the $9,600 and $9,800 levels.
• If the BTCUSD pair trades under the $9,250 level, sellers may test towards the $8,400 and $7,900 support levels.
BTCUSD $9,250 neededBitcoin is still under downside pressure on Thursday as buyers struggle to secure the cryptocurrency back above the $9,000 resistance level. A bullish daily price close above the $9,250 resistance level is needed to stabilize the BTCUSD pair in the short-term. Overall, the BTCUSD pair still has a strong chance of moving back towards its current monthly trading higher if the $8,500 support level holds.
• The BTCUSD pair is only bullish while trading above the $9,250 level, key resistance is located at the $9,400 and $9,800 levels.
• If the BTCUSD pair trades under the $9,250 level, sellers may test towards the $8,700 and $8,500 support levels.
BTCUSD $8,700 keyBitcoin is attempting to recover in early week trade after the number one cryptocurrency came under heavy bearish pressure last Friday. BTCUSD bulls need to defend the $8,700 support level this week to avoid further loses towards the $8,400 technical region. Overall, traders that are bullish towards Bitcoin will attempt to force a recovery towards the $9,800 level.
• The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is located at the $9,600 and $10,000 levels.
• If the BTCUSD pair trades under the $8,900 level, sellers may test towards the $8,700 and $8,400 support levels.
BTCUSD still bullishBitcoin has been frustrating traders this week as the number one cryptocurrency struggles to find a clear trending directional bias. Despite the lack of movement, the BTCUSD pair still retains its bullish short-term outlook while trading above the $8,900 support level. The $10,600 and $11,000 level remain the main bullish targets if the BTCUSD pair find strength above the $10,000 level.
• The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is located at the $10,000 and $11,000 levels.
• If the BTCUSD pair trades under the $8,900 level, sellers may test towards the $8,600 and $8,400 support levels.
BTCUSD awaiting buyersBitcoin is still struggling to break from its recent short-term trading range after buyers faced still resistance from the $9,400 level last week. Continued failure to move past the $9,400 level could prompt the BTCUSD pair to retrace back towards the $8,400 level. Overall, BTCUSD bulls can still rally the cryptocurrency towards the $11,000 level while price trades above the $8,900 level.
• The BTCUSD pair is only bullish while trading above the $8,900 level, key resistance is located at the $9,800 and $11,000 levels.
• If the BTCUSD pair trades under the $8,900 level, sellers may test towards the $8,600 and $8,400 support levels.
BTCUSD awaiting buyersBitcoin is trading around the $9,100 level after buyers failed to secure a bullish daily price closes above the $9,800 resistance level. Short-term BTCUSD buyers soon need to return or the pair risks a deeper decline back towards the $8,600 support level. Overall, the BTCUSD pair has the capacity to stage a powerful rally towards the $14,000 level while trading above the $9,100 level.
• The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is located at the $9,800 and $10,600 levels.
• If the BTCUSD pair trades under the $9,100 level, sellers may test towards the $8,600 and $8,200 support levels.
BTCUSD $9,100 breakthroughBitcoin is trading around the $9,600 level is early week trading, after the first cryptocurrency staged a major double-digit rally over the weekend. The BTCUSD pair has a strong bullish bias while trading above the $9,100 level, although bulls need to move price above the $9,800 to secure further medium-term gains. Overall, the short and medium-term outlook for the BTCUSD pair has now changed to bullish.
• The BTCUSD pair is only bullish while trading above the $9,100 level, key resistance is located at the $9,800 and
$10,600 levels.
• If the BTCUSD pair trades under the $9,100 level, sellers may test towards the $8,800 and $8,200 support levels.
BTCUSD $6,600 major supportBitcoin remains under heavy bearish price on Friday, as the number one cryptocurrency fails to attract buying interest from depressed trading levels. The BTCUSD pair could extend its decline towards the $6,600 level before short and medium-term buyers return. Overall, BTCUSD sellers are increasingly likely to fade any moves back towards the $8,000 resistance level later today.
• The BTCUSD pair is only bullish while trading above the $8,000 level, key resistance is located at the $8,360 and $8,500 levels.
• If the BTCUSD pair trades under the $8,000 level, sellers may test towards the $7,000 and $6,600 support levels.
BTCUSD upside failureBitcoin is building bearish momentum on Wednesday, after bulls struggled to break past the pivotal $8,300 resistance level. BTCUSD sellers now need to move price under the $7,800 level in order to encourage a much stronger down move. Failure to hold the pair below the $7,800 level could result in fresh BTCUSD buying back towards the $8,300 support level.
• The BTCUSD pair is only bullish while trading above the $8,300 level, key resistance is located at the $8,500 and $8,810 levels.
• If the BTCUSD pair trades under the $8,300 level, sellers may test towards the $7,800 and $7,400 support levels.
BTCUSD bulls bewareBitcoin has opened the trading week above the $8,000 level after selling failed to build on last Friday’s losses below the $7,900 level. The BTCUSD pair faces a major challenge moving back towards its 200-day moving average, with the $8,500 level interim resistance. Overall, bulls must be cautious today as a head and shoulders pattern is present on the lower time frames.
• The BTCUSD pair is only bullish while trading above the $8,500 level, key resistance is located at the $8,810 and $9,100 levels.
• If the BTCUSD pair trades under the $8,500 level, sellers may test towards the $7,900 and $7,300 support levels.
BTCUSD $7,900 importantBitcoin looks set to close the trading week in the red, as the number one cryptocurrency by market capitalization fails to rally from the $8,000 support level. The $7,900 level is the key level to watch today if weakness persists under the $8,000 level today. A sustained breakout of the $7,900 level is likely to trigger heavy BTCUSD technical selling towards the $7,500 support level.
• The BTCUSD pair is only bullish while trading above the $8,600 level, key resistance is located at the $8,810 and $9,100 levels.
• If the BTCUSD pair trades under the $8,600 level, sellers may test towards the $7,900 and $7,500 support levels.
BTCUSD $8,600 proving difficultBitcoin is attempting to hold onto recent trading gains, despite a negative decision from the SEC over a potential Bitcoin Exchange Trade Fund. The BTCUSD pair has broken above its recent trading range and now needs to break above its 200-day moving average, around the $8,600 level. Once above the $8,600 level, the $9,100 level offers formidable technical resistance
• The BTCUSD pair is only bullish while trading above the $8,500 level, key resistance is located at the $9,100 and $9,300 levels.
• If the BTCUSD pair trades under the $8,500 level, sellers may test towards the $7,700 and $7,100 support levels.