• Latest
  • Trending
BTC/USD Tests Bids Around 40750:  Sally Ho’s Technical Analysis 29 September 2021 BTC

BTC/USD Tests Bids Around 40750: Sally Ho’s Technical Analysis 29 September 2021 BTC

September 29, 2021
Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

May 20, 2022
Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower

Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower

May 20, 2022
Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation

May 20, 2022

TD SYNNEX expands solution offering with Google Cloud

May 20, 2022

Creating an ML Web App and Deploying it on AWS

May 20, 2022
Will Fan Tokens Replace Memecoins Like Shiba Inu and Dogecoin?

Will Fan Tokens Replace Memecoins Like Shiba Inu and Dogecoin?

May 20, 2022
Goldman Sachs: Crypto Drawdown Will Have Little Impact on U.S. Economy

Goldman Sachs: Crypto Drawdown Will Have Little Impact on U.S. Economy

May 20, 2022
Crypto Bear Market: Pantera Partner Sees These Buying Opportunities

Crypto Bear Market: Pantera Partner Sees These Buying Opportunities

May 20, 2022
Australias Commonwealth Bank Halts Crypto Rollout

Australias Commonwealth Bank Halts Crypto Rollout

May 20, 2022
Commonwealth Bank puts crypto trading trial on ice as regulators dither

Commonwealth Bank puts crypto trading trial on ice as regulators dither

May 20, 2022
Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’

Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’

May 20, 2022
Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why

Beware, Bitcoin Jumping Back Above $30,000 Could Be A Dead Cat Bounce, Here’s why

May 20, 2022
Deep Tech Central
Monday, June 27, 2022
Subscription
Sign Up
  • News
    • Artificial Intelligence
    • Crypto
    • CyberSecurity
    • IoT
    • Robotics
    • Quantum Computing
    • Sustainability
    • Telecom
  • Videos
  • DTC – UNV
No Result
View All Result
Deeptech Central
No Result
View All Result

BTC/USD Tests Bids Around 40750: Sally Ho’s Technical Analysis 29 September 2021 BTC

by
September 29, 2021
in Crypto
0

Bitcoin (BTC/USD) extended its recent pullback early in the Asian session as the pair depreciated to the 40750.12 level after trading as high as the 42780 area during the European session, with the interday high representing a test of the 38.2% retracement of the depreciating range from 44366.96 to 41953.96.  Buying pressure during the North American session lifted BTC/USD to the 42569.18 level, representing the 38.2% retracement of the depreciating range from 44366.96 to 41535.44.  Stops were recently elected below the 43878, 43060, 42400, 41739, 40921, and 40798 levels, retracement levels related to the recent appreciating range from 39600 to 45200, along with Stops below the 40992 and 49548 levels.

After selling pressure intensified around the 47788 and 45832 levels recently, the 42668 area emerged as an important downside price objective, and buying pressure temporarily emerged just below this area to drive BTC/USD higher to the 44250.35 level before selling pressure resumed.  Following the recent selling pressure, upside retracement levels and areas of potential technical resistance include 43994, 44889, 45997, and 46164 levels.  Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 100-bar MA (4-hourly) and below the 200-bar MA (4-hourly).   Also, the 50-bar MA (hourly) is bearishly indicating below the 100-bar MA (hourly) and below the 200-bar MA (hourly).

YOU MAY ALSO LIKE

Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin

Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower

Price activity is nearest the 50-bar MA (4-hourly) at 42840.69 and the 50-bar MA (Hourly) at 42676.14.

Technical Support is expected around 39600/ 37401.27/ 34881.40 with Stops expected below.

Technical Resistance is expected around 53025.00/ 54088.38/ 55841.04 with Stops expected above.  

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.                                                                                                                                               

 

Disclaimer: This trading analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Share196Tweet123Share49

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Search

No Result
View All Result

Recent News

  • Just-In: Ethereum Merge Most Likely In August, Says Vitalik Buterin
  • Trader Predicts Crypto Market Will Mimic 2018 Bear Season – Here’s How High Bitcoin Could Go Before Nuking Lower
  • Terraform Labs, Luna Foundation Guard Bought 3.06m AVAX in total: Avalanche Foundation
  • About
  • Privacy Policy
  • Sign Up
  • Contact Us
  • About
  • Contact
  • Deeptech Central
  • Elementor #10628
  • Newsletter
  • Privacy Policy
  • Sign Up

© 2018-2021 DeepTech Central. - by MintMore Inc..

No Result
View All Result
  • News
    • Artificial Intelligence
    • Crypto
    • CyberSecurity
    • IoT
    • Robotics
    • Quantum Computing
    • Sustainability
    • Telecom
  • Videos
  • DTC – UNV

© 2018-2021 DeepTech Central. - by MintMore Inc..

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Stay Updated. Subscribe Today.

Join the community of 10K+ scholars & entrepreneurs.