BTC/USD Daily Chart

  • BTC/USD breached the $6,000 level for the first time since 14th November 2018.
  • The price went up from $5,940 to $6,050.
  • The market is trending above the SMA 200, SMA 50, and SMA 20 curves.
  • On the upside, further resistance levels lie between $6,250 and $6,500.
  • The relative strength index (RSI) curve has crept into the overbought zone.

BTC/USD 4-Hour Chart

  • The 4-hour market has breached past the upper curve of the 20-day Bollinger band.
  • The widening of the mouth of the band shows increased volatility.
  • The 4-hour market is trending above SMA 200, SMA 50, and SMA 20 as well.
  • The signal line is diverging away from the MACD line indicating increasing bullish momentum.

BTC/USD Hourly Chart

  • The Elliot Wave Oscillator has had 17 straight bullish sessions.
  • 22 out of the last 23 sessions in the Elliot wave were bullish.
  • The Ichimoku indicator is currently showing bullish sentiment but shows that a bearish correction may be happening soon.

Key Levels

BTC/USD

Overview
Today last price 6053.21
Today Daily Change 109.37
Today Daily Change % 1.84
Today daily open 5943.84
 
Trends
Daily SMA20 5426.28
Daily SMA50 4954.08
Daily SMA100 4334.97
Daily SMA200 4474.34
Levels
Previous Daily High 5986.2
Previous Daily Low 5664.63
Previous Weekly High 5795.47
Previous Weekly Low 5073.04
Previous Monthly High 5632.53
Previous Monthly Low 4052.2
Daily Fibonacci 38.2% 5863.36
Daily Fibonacci 61.8% 5787.47
Daily Pivot Point S1 5743.58
Daily Pivot Point S2 5543.32
Daily Pivot Point S3 5422.01
Daily Pivot Point R1 6065.15
Daily Pivot Point R2 6186.46
Daily Pivot Point R3 6386.72

 


 

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