Market Research
Source: Wisebitcoin 2022-01-04
Main: As could be seen on the chart above that the pair is trading above a strong support level that is 45000. Therefore, we are bullish as long as the pair is trading above it with targets: 48000 followed by 50000. On the other hand, if the level of 45000 is broken, the pair might reach 42500.
| Resistance Levels | Support Levels |
|---|---|
| 60000.00 | 45000.00 |
| 55000.00 | 40000.00 |
| 52000.00 | 34000.00 |
Recommended:
We are bullish as long as the pair is trading above 45000.
Main: The chart above shows that the pair is trading above a support level that is 3500. Therefore, we are bullish as long as the pair is trading above it with targets: 3900 followed by 4200. On the other hand, a daily close below 3500 would open the door for a further downward move that it might reach 3200 followed by 3000.
| Resistance Levels | Support Levels |
|---|---|
| 4600.00 | 3500.00 |
| 4300.00 | 3200.00 |
| 4200.00 | 3000.00 |
Recommended:
We are bullish as long as the pair is trading above 3500.
Main: As could be seen on the chart above that the pair is trading above 0.7600. Therefore, we are bullish as long as the pair is trading above it with targets: 0.9000 followed by 1.0000. On the other hand, if the level of 0.7600 is broken, the pair might reach 0.7000.
| Resistance Levels | Support Levels |
|---|---|
| 1.1000 | 0.7600 |
| 1.0168 | 0.7000 |
| 0.9000 | 0.6500 |
Recommended:
We are bullish as long as the pair is above 0.7600.