Market Research
Source: Wisebitcoin 2022-02-09
Update: We remain bullish.
Main: As could be seen on the chart above that the pair is trading above 39000. Therefore, we are bullish as long as the pair is trading above it with targets: 45000 – 48000. On the other hand, if the level of 39000 is broken, the pair might reach 35000.
| Resistance Levels | Support Levels |
|---|---|
| 50000.00 | 39000.00 |
| 48000.00 | 35000.00 |
| 45000.00 | 33000.00 |
Recommended:
We are bullish as long as the pair is above 39000.
Update: No changes.
Main: The chart above shows that the pair is trading above 2900. Therefore, we are bullish as long as the pair is trading above it with targets: 3400 – 3600. On the other hand, if the level of 2900 is broken, the pair might reach 2600 followed by 2300.
| Resistance Levels | Support Levels |
|---|---|
| 3700.00 | 2900.00 |
| 3600.00 | 2600.00 |
| 3400.00 | 2300.00 |
Recommended:
We are bullish as long as the pair is trading above 2900.
Update: The 1st target has been hit.
Main: The chart above shows that the pair is about to reach a strong resistance level that is 0.9000. Therefore, we are bullish as long as the pair is above 0.6000. Targets: 0.9000 – 1.0000. Keep in mind that the level of 0.5150 makes a strong support level that might be a reason that the pair could reach 1.0000.
| Resistance Levels | Support Levels |
|---|---|
| 1.1000 | 0.6000 |
| 1.0000 | 0.5150 |
| 0.9000 | 0.5000 |
Recommended:
We are bullish as long as the pair is above 0.5150.