BTC/USD Technicians Eyeing 29928: Sally Ho’s Technical Analysis 14 May 2022 BTC

BTC/USD Technicians Eyeing 29928:  Sally Ho's Technical Analysis 14 May 2022 BTC Share on Facebook Share on Twitter

(*14 *)Bitcoin (BTC/USD) continued to be incredibly (*14 *) pressured early in the (*14 *)Asian session as both battled to (*14 *) examination the (*14 *) psychologically-important 30000 number after traded as (*14 *) reduced as the (*14 *) 25338.53 location, its (*14 *) weakest print because the last couple of trading sessions of 2020.  (*14 *)Stops were (*14 *) chosen (*14 *) listed below numerous (*14 *) disadvantage rate purposes throughout the continuous (*14 *) descent, consisting of the (*14 *) 30435, (*14 *) 29645, (*14 *) 28927, as well as (*14 *) 28426 locations, (*14 *) disadvantage rate purposes pertaining to (*14 *) marketing stress that (*14 *) increased around the (*14 *) 47469, (*14 *) 47200, as well as (*14 *) 48240 locations.  (*14 *)Buying stress lastly arised over the (*14 *) 24365.11 location to include some (*14 *) two-way threat, a (*14 *) disadvantage rate goal pertaining to (*14 *) marketing stress that arised around the (*14 *) 48240 location. 

If (*14 *)BTC/USD remains to (*14 *) diminish, investors are eyeing extra (*14 *) disadvantage rate purposes around the (*14 *) 25142, (*14 *) 24365, as well as (*14 *) 21074 locations.  Significant (*14 *) marketing stress quickened around the (*14 *) 31717, (*14 *) 31364, as well as (*14 *) 31289 locations, (*14 *) upside technical rate purposes as well as (*14 *) retracement degrees pertaining to (*14 *) historic acquiring stress around the (*14 *) 3858 location.  Traders are observing that the (*14 *) 50-bar MA (4-hourly) is (*14 *) bearishly suggesting listed below the (*14 *) 100-bar MA (4-hourly) as well as (*14 *) listed below the (*14 *) 200-bar MA (4-hourly).  Also, the (*14 *) 50-bar MA (per hour) is (*14 *) bearishly suggesting (*14 *) listed below the (*14 *) 100-bar MA (per hour) as well as (*14 *) listed below the (*14 *) 200-bar MA (per hour)

Read the article:  IMF Urges El Salvador To Reject BTC; President Responds

Price task is closest the (*14 *) 50-bar MA ( 4-hourly) at (*14 *) 33399.86 as well as the (*14 *) 50-bar MA (Hourly) at (*14 *) 29422.29.

(*14 *)Technical Support  is anticipated about (*14 *) 24365.11/ 21074.87/ 20495.33 with (*14 *)Stops anticipated below.

(*14 *)Technical Resistance is anticipated about (*14 *) 40100.93/ 41570.88/ 43443.32 with (*14 *)Stops anticipated above.  

On (*14 *) 4-Hourly graph, (*14 *) SlowK  is(*14 *) Bullishly over SlowD while (*14 *) MACD is (*14 *)Bullishly over MACDAverage.

On (*14 *) 60-minute graph, (*14 *) SlowK is (*14 *)Bullishly over SlowD while (*14 *) MACD is (*14 *)Bullishly over MACDAverage                                                                                                                                               

 

Disclaimer: This trading analysis is given by a 3rd party, as well as for educational objectives just. It does not show the sights of, neither is it meant to be made use of as lawful, tax obligation, financial investment, or monetary suggestions.

Every trader who trades cryptocurrency on the Binance exchange wants to know about the upcoming pumping in the value of coins in order to make huge profits in a short period of time.
This article contains instructions on how to find out when and which coin will participate in the next “Pump”. Every day, the community on Telegram channel Crypto Pump Signals for Binance publishes 10 free signals about the upcoming “Pump” and reports on successful “Pumps” which have been successfully completed by the organizers of the VIP community.
Watch a video on how to find out about the upcoming cryptocurrency pump and earn huge profits.
These trading signals help earn huge profit in just a few hours after purchasing the coins published on the Telegram channel.Are you already making a profit using these trading signals? If not, then try it!We wish you good luck in trading cryptocurrency and wish to receive the same profit as VIP subscribers of the Crypto Pump Signals for Binance channel.
John Lesley/ author of the article

John Lesley is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

Leave a Reply