Market Research
Source: Wisebitcoin 2022-01-26
Update: We remain bearish. The most important thing is that the pair should not go above 40000.
Main: The chart above shows that the pair is trading below 40000. Therefore, we are bearish as long as the pair is trading below it with targets: 32000 – 29300. On the other hand, if the level of 40000 is broken, the pair might reach 42000- 45000.
| Resistance Levels | Support Levels |
|---|---|
| 50000.00 | 32000.00 |
| 45000.00 | 30000.00 |
| 40000.00 | 29200.00 |
Recommended:
We are bearish as long as the pair is below 40000.
Update: We remain bearish. No changes.
Main: As could be seen on the chart above the pair is trading below 3000. Therefore, we are bearish as long as the pair is trading below it with targets: 2100 followed by 1800.
| Resistance Levels | Support Levels |
|---|---|
| 3400.00 | 2100.00 |
| 3000.00 | 2000.00 |
| 2900.00 | 1750.00 |
Recommended:
We are bearish as long as the pair is trading below 3000.00.
Update: No changes. The pair is moving sideways.
Main: The chart above shows that the pair is trading below 0.7100. Therefore, we are bearish as long as the pair is trading below it with targets: 0.5150 – 0.5000. On the other hand, if the level of 0.7100 is broken, the pair might reach 0.7500 followed by 0.8000.
| Resistance Levels | Support Levels |
|---|---|
| 0.9000 | 0.5150 |
| 0.8000 | 0.5000 |
| 0.7100 | 0.4000 |
Recommended:
We are bearish as long as the pair is below 0.7100.