简体中文
ภาษาไทย
繁體中文
Indonesia
BTC: high down
2022-12-16
1095
Fundamental analysis:
Bitcoin remained volatile around 17,395 as the European Parliament, Council and Commission chairmen signed a joint agreement outlining priorities ahead of the next European elections in 2024, including a central bank digital currency in a list of 164 pieces of legislation. The European Commission has promised to enact digital euro legislation soon.
Bitcoin BTCUSD - 4-hour K-line chart shows:
Brief technical analysis:
Looking at the 4-hour chart: the high-level short-term dynamics fluctuate downward, and the short-term decline may continue. The overall short-term situation in the market is good, the MACD indicator is in the bullish area and moves down, and the RSI indicator is hovering weakly below the 50 balance line;
Long-short turning point: 17457
Suppression: 17609, 17765
Support: 17229, 17068
Trading strategy: bearish below 17457, target 17229, 17068
Alternative strategy: call above 17457, target 17609, 17765
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
