Hi, crypto traders.
BTC is in a sideways market now.
The price broke my target: 59,000USD clearly but didn’t reach a nice round number: 60,000USD. Then, the candle changed to negative and now it’s going down. The price already reached 240h (green) line but it bounced a little bit. If it continues to go down and breaks 240h (green) line clearly, the trend will be a downtrend.
But since the candle and MA lines are very close, the trend is not stable. Please refer the following check points today.
Today’s Check Points
- The price continues to go down and breaks 240h (green) line clearly?
- 20h (red) line also breaks 240h (green) line to the lower side?
- The candle changes to positive and breaks 20h (red) line to upper side?
TODAY’s Target Price
◇BTC goes up◇
- 1st target: 60,000USD (A nice round number)
- 2nd target: 65,000USD
◇BTC goes down◇
- 1st target: 52,300USD
- 2nd target: 46,900USD
Enjoy your trading.
There are some crypto exchanges in Thailand, but do you know which exchanges are the best? You can check Thai crypto exchange ranking in 2021 from this article.
Do you have any clear crypto trading methods? I share some ideas in this article. I hope it will be useful for your starting professional trade life.
The world’s best charts and analysis tools in the global markets