empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

12.11.202419:37 Forex Analysis & Reviews: Trading Signals BITCOIN (BTC/USD) for November 13-15, 2024: buy above $87,500 (21 SMA - 6/8 Murray)

Relevancia 12:00 2024-11-26 UTC--5

Exchange Rates 12.11.2024 analysis

Bitcoin is trading around $87,400 within a bullish pennant pattern, which is likely to be complete in the coming hours. If BTC consolidates above 87,500, it could be seen as a signal to continue buying with targets at 7/8 Murray around 93,750.

In case Bitcoin falls below 6/8 Murray, it will be seen as a signal to resume selling as it is technically overbought. Therefore, there is likely to be a strong technical correction towards the 21 SMA located at 82,098. The crypto could even reach 5/8 Murray around 81,250.

Since Bitcoin has an inverse correlation with the precious metal (XAU/USD), this has become evident from the fundamental events that have occurred in the last two weeks.

Recently, gold fell from its high near $2,790 to 2,590 and helped Bitcoin gain strength from $70,000 to a high of $90,000, which means that a technical correction is likely in the coming days and could be seen as a signal to sell Bitcoin.

The Eagle indicator has reached the 95-point zone which represents extremely overbought levels. So, our trading plan is to sell BTC whenever it trades below the psychological level of $90,000 or below 6/8 Murray, with the target at $82,000.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Dimitrios Zappas,
Analytical expert of InstaSpot
© 2007-2024
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.