MetaverseNFTCoins.com
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams
No Result
View All Result
MetaverseNFTCoins.com
No Result
View All Result

BTC/USD Elects Stops Below 47164 Technical Support: Sally Ho’s Technical Analysis 13 December 2021 BTC

December 12, 2021
in Crypto News
Reading Time: 2 mins read
A A
BTC/USD Elects Stops Below 47164 Technical Support: Sally Ho’s Technical Analysis 13 December 2021 BTC
ShareShareShareShareShare

Bitcoin (BTC/USD) awaited fresh technical sentiment early in the Asian session as the pair continued to trade around some technical levels related to the recent sharp depreciation to 42333, and subsequent recovery to 51995.  Stops were recently elected below the 47164 level, representing the 50% retracement of this appreciating range, and additional downside price objectives include the 46023, 44513, and 44400 levels.  Selling pressure commenced around the 59114.84 level in recent weeks and many Stops were elected below downside price objectives during the selling pressure, including the 56533, 56080, 55735, 54295, 54114, 53748, 53600, 53046, 52351, 51322, 51171, 50185, 49361, 47400, 47426, 44974, and 44667 levels. 

If BTC/USD extends its recent weakness lower, additional downside price objectives include the 44974, 44667, 42333, 41252, 41053, and 35734 levels.  Following the pair’s recent volatility, upside retracement levels and areas of potential technical resistance include the 52706.65, 55157.38, and 55526.67 areas. 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).

Price activity is nearest the 50-bar MA (4-hourly) at 49654.42 and the 50-bar MA (Hourly) at 48197.33.

Technical Support is expected around 42151.91/ 38670.39/ 35734.12 with Stops expected below.

Technical Resistance is expected around 52706.65/ 55157.38/ 55526.67 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.

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

Credit: Source link

ShareSendTweetPinShare
Previous Post

Peter Molyneux Reveals New Crypto Blockchain Powered Game

Next Post

BTC Starts a Critical Week Amid $50K

Next Post
BTC Starts a Critical Week Amid $50K

BTC Starts a Critical Week Amid $50K

Leave a Reply Cancel reply

Your email address will not be published.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

Weekly Updates

Let’s Recap Tech Stocks After 2000 (Opinion)

Let’s Recap Tech Stocks After 2000 (Opinion)

January 28, 2023
DOGE Rises On Musk Effect, BTC, ETH Slide Ahead Of Fed Meet

DOGE Rises On Musk Effect, BTC, ETH Slide Ahead Of Fed Meet

January 31, 2023
Crypto wallets combat scammers with transaction previews and blocklists

Crypto wallets combat scammers with transaction previews and blocklists

January 31, 2023
How OFWs are trafficked into crypto scam operations

How OFWs are trafficked into crypto scam operations

January 26, 2023
THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

January 28, 2023
MetaverseNFTCoins.com

This is an online news portal that aims to provide the latest NFT news, crypto news, blockchain, regulations, scams, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch.

What’s New Here!

  • The January figures are 92.7% lower than the $121.4 million
  • Beware cryptocurrency scams: Attorney general
  • Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation – Regulation Bitcoin News

Subscribe Now

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - metaversenftcoins.com - All rights reserved!

No Result
View All Result
  • NFT News
  • Crypto News
  • Blockchain
  • Regulations
  • Scams

© 2021 - metaversenftcoins.com - All rights reserved!

  • bitcoinBitcoin (BTC) $ 24,090.00 4.15%
  • ethereumEthereum (ETH) $ 1,683.12 6.06%
  • tetherTether (USDT) $ 1.00 0.33%
  • bnbBNB (BNB) $ 321.45 2.82%
  • usd-coinUSD Coin (USDC) $ 1.00 0.32%
  • xrpXRP (XRP) $ 0.414941 2.75%
  • binance-usdBinance USD (BUSD) $ 0.999608 0.24%
  • cardanoCardano (ADA) $ 0.405212 4.48%
  • dogecoinDogecoin (DOGE) $ 0.095252 0.37%
  • matic-networkPolygon (MATIC) $ 1.23 11.41%
  • okbOKB (OKB) $ 39.91 6.03%
  • solanaSolana (SOL) $ 25.47 6.73%
  • staked-etherLido Staked Ether (STETH) $ 1,678.51 6.2%
  • polkadotPolkadot (DOT) $ 6.56 4.86%
  • litecoinLitecoin (LTC) $ 101.63 4.9%
  • shiba-inuShiba Inu (SHIB) $ 0.000012 2.61%
  • avalanche-2Avalanche (AVAX) $ 21.55 9.58%
  • tronTRON (TRX) $ 0.063780 2.08%
  • uniswapUniswap (UNI) $ 6.96 5.59%
  • daiDai (DAI) $ 1.00 0.11%
  • cosmosCosmos Hub (ATOM) $ 14.91 11.72%
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 24,096.00 4.32%
  • chainlinkChainlink (LINK) $ 7.30 4.97%
  • the-open-networkToncoin (TON) $ 2.42 4.88%
  • moneroMonero (XMR) $ 179.48 1%
  • ethereum-classicEthereum Classic (ETC) $ 22.65 4.67%
  • leo-tokenLEO Token (LEO) $ 3.36 5.67%
  • aptosAptos (APT) $ 18.29 10.24%
  • bitcoin-cashBitcoin Cash (BCH) $ 137.79 2.56%
  • stellarStellar (XLM) $ 0.093000 2.94%
  • apecoinApeCoin (APE) $ 6.12 3.64%
  • quant-networkQuant (QNT) $ 150.13 4.94%
  • filecoinFilecoin (FIL) $ 5.74 9.7%
  • nearNEAR Protocol (NEAR) $ 2.47 6.95%
  • crypto-com-chainCronos (CRO) $ 0.082016 3.56%
  • lido-daoLido DAO (LDO) $ 2.36 9.02%
  • algorandAlgorand (ALGO) $ 0.257217 6.76%
  • hedera-hashgraphHedera (HBAR) $ 0.069677 7.64%
  • vechainVeChain (VET) $ 0.025007 8.02%
  • internet-computerInternet Computer (ICP) $ 6.03 0.59%
  • fantomFantom (FTM) $ 0.582832 9.46%
  • decentralandDecentraland (MANA) $ 0.806684 6.29%
  • axie-infinityAxie Infinity (AXS) $ 11.43 4.77%
  • aaveAave (AAVE) $ 91.45 10.12%
  • the-sandboxThe Sandbox (SAND) $ 0.771556 5.11%
  • eosEOS (EOS) $ 1.10 3%
  • flowFlow (FLOW) $ 1.14 6.56%
  • elrond-erd-2MultiversX (EGLD) $ 44.69 5.03%
  • theta-tokenTheta Network (THETA) $ 1.10 6.99%
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000173 0.9%