Bitcoin and Lunyr Chart Review Update #49 ?

in #bitcoin4 years ago (edited)

BTC CHART

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BTC and LUN CHART Published by Philosof at #Tradingview https://www.tradingview.com/u/Philosof

Bitcoin chart review

Comment: Bitcoin went back to where it started the day before and still moves along same 9444 support with 9220 backing it from below and 9970 from above. At day TF BTC is within same uptrend, but with bearish divergence - today candle will give an idea for future moves. May expect anything - pump to 10k or dump below 9k.

Resistance: 9750 - 9970 - 10100 - 10240
Support: 9444 - 9222 - 8900 - 8700 - 8500

#BTC #Bitcoin (TradingView)

LUN Chart Review Uodate

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Keep an eye on LUN. Moves in an uptrend at smaller timeframes and showing signs of reversal from downtrend at higher timeframes.

Short term: Will be testing minor 945 resistance and might pullback to 915-925 support, which will be a nice chance to enter. Then grow to ~1000.

Mid/Long term: Will be consolidating between 770 - 900. Main resistance at ~1111. Growing above will start the move with final target at 3900 resistance.

#LUN

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Fear & Greed index: 48 (<= 56 <= 50 <= 51)
BTC Dominance: 65% (<= 65.5 <= 65.2 <= 65.2)
24h Volume: $116 billion (<= 125 <= 102 <= 110)

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