Contents
Bitcoin
The BTC pipeline was closed by a downward movement and operates to around 9 800$. The monthly open seems to confirm its role of support and the weekly open confirms its role of resistance. The Bitcoin has fallen just 9 567$ and then moved up to the area of 9 800$. The technical situation daily is negative. The evolution of the BTC continues in the delta configuration.
The MACD has crossed and is on the decline, the CCI and the WaveTrends are both down also. Over a time horizon of 4 hours, the WaveTrends and MACD are declining, while CCI is mounted.
What to do ?
We recommend that you remain attentive to the evolution of the BTC, if it goes back to the area of 10 000$ can be intérresante to observe, if he fall, we suggest you wait for confirmation that the monthly is a support.
The media of the day are to 9800$ – 9500$
The resistances for the day are to 10300$ – 10500$