BTCUSD 14.04.2021

Technical Analysis
Wednesday, April 14, 2021 - 13:21
Point Trader Group
BTCUSD 14.04.2021

Overview:

Prices are moving in a strong uptrend

Expected scenario:

The pair is trading above a strong support level around 63000, which enhances chances of a bullish move during the upcoming period to 67900

Alternative scenario:

On the other hand, we think that in the event of a break of the 60700 level, it might push the pair further down, to reach 57500.

 

Resistance levels

66000.00

67900.00

69000.00

Support levels

63000.00

60700.00

57500.00

 

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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