BITCOIN 01.04.2021
Overview:
Prices are moving in a short-term uptrend
Expected scenario:
We note on the above chart that the pair is trading below a strong resistance level around 59400, which enhances the chances of a downside during today's trading to 58370.
Alternative scenario:
On the other hand, we believe that if the level of 59400 is broken to the upside, this pair might push further up to 60,000
Resistance | 59400.00 | 60000.00 | 60396.00 |
Support | 58370.00 | 58000.00 | 57600.00 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.