• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Monday, March 20, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Bitcoin Price Analysis: 27609 Absorbed

March 18, 2023
in Crypto News
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Related articles

NFT Collection OSRS Punks Price, Stats, and Review

March 20, 2023

Altcoin Season May Bring Explosive Growth to These Cryptocurrencies! Experts Bet on Long-Term Gains

March 20, 2023

BTC/USD Absorbs 27609 Level:  Sally Ho’s Technical Analysis – 19 March 2023

Bitcoin (BTC/USD) sought to sustain recent gains early in the Asian session as the pair hovered around the 27500 level after trading as high as the 27834.54 area, its highest print since mid-June 2022.  Stops were elected above the 27609.48 level during the ongoing appreciation, an upside price objective linked to buying pressure that previously emerged around the 20333.33 area.  Stops were previously elected above the 26931.99 area during the rapid ascent, an upside price objective linked to recent buying pressure around the 20370.01 level.  Following the recent appreciation, upside price objectives include the 27901.68, 28004.20, 29244.66, 29639.37, 30127.80, 30275.12, 30763.09, and 31477.37. 

Traders recently lifted BTC/USD from the 24064.72 area during a recent pullback, a level that represents the 78.6% retracement of the depreciating range from 25288.88 to 19568.52.   Following the ongoing appreciation, retracement levels and areas of potential technical support include the 25817, 25271, 25065, 24457, 24181, 23850, and 23300 levels.  Below current price activity, downside price objectives include the 19266, 19132, 19106, 19006, 18981, 18919, 18822, 18116, 17720, 17523, 17457, 17230, and 17196 areas.  Traders are observing that the 50-bar MA (4-hourly) is bullishly indicating above the 100-bar MA (4-hourly) and above the 200-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 50-bar MA (4-hourly) at 23646.51 and the 50-bar MA (Hourly) at 26349.51.

 

Technical Support is expected around 21753.70/ 19568.52/ 18390.99 with Stops expected below.

Technical Resistance is expected around 27901.68/ 28004.20/ 29244.66 with Stops expected above.  

On 4-Hourly chart, SlowK is Bullishly above SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.                                   

 

Disclaimer: Sally Ho’s Technical Analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Top 5 blockchain projects outperforming Bitcoin’s recent 30% gains

Next Post

Bitcoin traders greedy, Fear and Greed Index at a 16-month high

Related Posts

NFT Collection OSRS Punks Price, Stats, and Review

March 20, 2023

What is an OSRS Punks? OSRS Punks are a non-fungible tokens collection built on the Ethereum network launched in 18...

Altcoin Season May Bring Explosive Growth to These Cryptocurrencies! Experts Bet on Long-Term Gains

March 20, 2023

Bitcoin’s price has made a fresh increase above its crucial resistance levels from mid-March and has gained investors’ bullish confidence...

Ripple lawyer foresees public release of former SEC chair emails

March 20, 2023

Source: TierneyMJ - Shutterstock Lawyer John Deaton expects Judge Analisa Torress to declare the draft of the Hinman speech as...

What led to DefiLlama’s ‘hostile takeover’? Developer weighs in

March 20, 2023

  Over the weekend, an employee at DefiLlama forked the platform following a disagreement. The crypto Twitter community has blamed...

Crypto Markets Shall Face An Inevitable Correction, Warns Peter Brandt

March 20, 2023

The banking crisis has certainly brought the US down to its knees but has proved incredibly beneficial for the cryptocurrency...

Load More
Next Post

Bitcoin traders greedy, Fear and Greed Index at a 16-month high

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Senator Lummis questions government’s role in regulating energy use in crypto mining

March 8, 2023

ARK Invest’s Cathie Wood ‘not surprised’ at crypto market rebound

March 14, 2023

Binance.US One Step Closer to Acquiring Voyager Digital’s Assets in a $1.3 Billion Deal

March 8, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Belgian FSMA surveys crypto investors before taking on new ad regulation authority – Cointelegraph
  • The Now Pass Mint Details Have Been Unveiled
  • Over 50% of the Bitcoin UTXOs that have been created now sit in profit

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$28,074.00-1.07%
  • ethereumEthereum(ETH)$1,767.88-3.44%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.010.29%
  • binancecoinBNB(BNB)$339.68-0.55%
  • usd-coinUSD Coin(USDC)$1.010.41%
  • rippleXRP(XRP)$0.378965-4.32%
  • cardanoCardano(ADA)$0.336843-4.16%
  • staked-etherLido Staked Ether(STETH)$1,762.08-3.72%
  • matic-networkPolygon(MATIC)$1.12-7.01%
  • dogecoinDogecoin(DOGE)$0.071937-5.66%
  • solanaSolana(SOL)$22.28-0.14%
  • binance-usdBinance USD(BUSD)$1.010.56%
  • polkadotPolkadot(DOT)$6.20-5.72%
  • shiba-inuShiba Inu(SHIB)$0.000011-5.09%
  • tronTRON(TRX)$0.065957-1.89%
  • litecoinLitecoin(LTC)$80.35-6.32%
  • avalanche-2Avalanche(AVAX)$16.94-5.57%
  • daiDai(DAI)$1.000.14%
  • uniswapUniswap(UNI)$6.28-5.33%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$28,082.00-0.98%
  • chainlinkChainlink(LINK)$7.16-1.07%
  • ToncoinToncoin(TON)$2.39-1.04%
  • cosmosCosmos Hub(ATOM)$11.70-8.71%
  • leo-tokenLEO Token(LEO)$3.37-0.24%
  • moneroMonero(XMR)$152.95-1.67%
  • ethereum-classicEthereum Classic(ETC)$19.80-8.46%
  • okbOKB(OKB)$45.88-5.06%
  • bitcoin-cashBitcoin Cash(BCH)$131.64-3.58%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • filecoinFilecoin(FIL)$5.79-7.34%
  • stellarStellar(XLM)$0.087486-1.21%
  • AptosAptos(APT)$12.19-8.56%
  • true-usdTrueUSD(TUSD)$1.010.38%
  • lido-daoLido DAO(LDO)$2.33-10.25%
  • quant-networkQuant(QNT)$129.69-2.03%
  • hedera-hashgraphHedera(HBAR)$0.062055-6.17%
  • crypto-com-chainCronos(CRO)$0.072459-0.10%
  • nearNEAR Protocol(NEAR)$2.01-8.13%
  • vechainVeChain(VET)$0.023427-4.44%
  • blockstackStacks(STX)$1.16-6.07%
  • internet-computerInternet Computer(ICP)$5.15-7.50%
  • apecoinApeCoin(APE)$4.11-6.80%
  • algorandAlgorand(ALGO)$0.211493-5.57%
  • the-graphThe Graph(GRT)$0.149229-8.96%
  • eosEOS(EOS)$1.181.72%
  • fantomFantom(FTM)$0.462779-10.06%
  • the-sandboxThe Sandbox(SAND)$0.66-6.73%
  • elrond-erd-2MultiversX(EGLD)$46.814.56%
  • immutable-xImmutableX(IMX)$1.28-14.67%