Market Research
Source: Wisebitcoin 2021-09-28
Main: The chart above shows that the pair is trading below 45070. Therefore, we are bearish as long as the pair is trading below it with targets: 41000 followed by 39800. On the other hand, if the level of 45070 is broken, the pair might continue going upwards to reach 47000.
| Resistance Levels | Support Levels |
|---|---|
| 49000.00 | 41000.00 |
| 47000.00 | 39800.00 |
| 45070.00 | 37350.00 |
Recommended:
We are bearish as long as the pair is trading below 45070.
Main: The chart above shows that the pair is trading below a strong resistance level that is 3200. Therefore, we are bearish as long as the pair is trading below it with targets: 2700 followed by 2500. On the other hand, if the level of 3200 is broken, the pair might go upwards to reach 3400 followed by 3700.
| Resistance Levels | Support Levels |
|---|---|
| 3700.00 | 2700.00 |
| 3400.00 | 2500.00 |
| 3200.00 | 2446.00 |
Recommended:
We are bearish as long as the pair is trading below 3200.
Main: As could be seen on the chart above that the pair is trading above a strong support level that is 0.8590. Therefore, we are bullish as long as the pair is trading above it with targets: 1.0000 followed by 1.1000. On the other hand, if the level of 0.8590 is broken, the pair might continue going downwards to reach 0.8000 followed by 0.7700.
| Resistance Levels | Support Levels |
|---|---|
| 1.2500 | 0.8590 |
| 1.1360 | 0.8000 |
| 1.0000 | 0.7750 |
Recommended:
We are bullish as long as the pair is trading above 0.8590.