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Weekly forecast Bitcoin / Euro technical chart
Symbol BTCEUR

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.
DateMay 30, 2021 - 21:30
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 23569.00, resumption of uptrend is expected.
  • We make sure when the resistance at 39000.00 breaks.
  • If the support at 23569.00 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 33304.00 on 05/26/2021, so more losses to support(s) 27629.35 and minimum to Major Support (23569.00) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 35.

Supports and Resistances:

  1. 80000.00
  2. 69400.00
  3. 59252.00
  4. 50900.00
  5. 48265.70
  6. 42624.00
Click on the level to view price action history.
Symbol Released Current Forecast
Bitcoin / Euro (BTCEUR) Sun, 14 Apr 2024
Bitcoin / Euro (BTCEUR) Sun, 7 Apr 2024
Bitcoin / Euro (BTCEUR) Sun, 31 Mar 2024
Bitcoin / Euro (BTCEUR) Sun, 24 Mar 2024
Bitcoin / Euro (BTCEUR) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on BTCEUR.