Market Research
Source: Wisebitcoin 2021-09-24
Update: The pair is almost there! Will be reaching the level of 45000 very soon as long as it is above 42000.
Main: The chart above shows that the pair is trading above 42500. Therefore, we are bullish as long as the pair is trading above it with targets: 45000 followed by 49000. On the other hand, if the level of 42500 is broken, the pair might continue going downwards to reach 40000.
| Resistance Levels | Support Levels |
|---|---|
| 50000.00 | 42500.00 |
| 49000.00 | 42000.00 |
| 45000.00 | 40000.00 |
Recommended:
We are bullish as long as the pair is trading above 42500.
Update: The pair broke through the level of 3140. Therefore, it might continue going upwards to reach 3300.
Main: The chart above shows that the pair is trading above a strong support level that is 2890. Therefore, we are bullish as long as the pair is trading above it with targets: 3250 followed by 3500. On the other hand, if the level of 2890 is broken, the pair might go downwards to reach 2700 followed by 2500.
| Resistance Levels | Support Levels |
|---|---|
| 3600.00 | 2890.00 |
| 3500.00 | 2700.00 |
| 3250.00 | 2500.00 |
Recommended:
We are bullish as long as the pair is trading above 2890.
Update: We remain bullish as long as the pair is trading above the strong support level that is 0.8400. Therefore, we are bullish with targets: 1.0000 followed by 1.1250.
Main: As could be seen on the chart above that the pair is trading below a strong resistance level that is 1.0000. Therefore, we are bearish as long as the pair is trading below it with targets: 0.8500. On the other hand, if the level of 1.0000 is broken, the pair might continue going upwards to reach 0.8000 followed by 0.7750.
| Resistance Levels | Support Levels |
|---|---|
| 1.2500 | 0.8500 |
| 1.1360 | 0.8000 |
| 1.0000 | 0.7750 |
Recommended:
We are bearish as long as the pair is trading below 1.000.