Bitcoin Risico's Deeper Pullback Na het dalen tot onder $ 9K

After an overnight drop, bitcoin looks to have found acceptance below $9,000 and risks a deeper pullback, de technische grafieken geven.

The cryptocurrency hit a one-week low of $8,652 on Bitfinex earlier today and is now trading at $8,700. The 10-percent decline from the weekly high of $9,767 on Wednesday has neutralized the immediate bullish outlook.

Verder, the failure to hold above the key technical levelsdescending (bearish bevooroordeeld) 100-day moving average (MA) van $9,126 and the double top bearish reversal neckline of $9,280 – will be discouraging for the bulls.

Echter, only a break below $8,459 would signal a short-term bearish reversal and open the doors for a deeper sell-off.

Daily chart

BTC created a bearish outside-day candle on Wednesday (trading range was wider than Tuesday’s high/low), welke, as per textbook rules, is a sign of sudden bearish reversal. Dat gezegd hebbende, traders and analysts usually want to see negative price action on the following day, before calling a bearish reversal.

Overeenkomstig, slechts een nauwe (as per UTC) today below the key support of $8,459 (april 15 hoog) would confirm a short-term bullish-to-bearish trend change and open doors for a deeper pullback.

Echter, BTC is showing signs of a negative follow-through, as currently it is trading under the previous day’s low of $8,765 – though the downside is capped by the ascending (bullish) 10-day moving average at $8,706 and the gradually ascending (bullish) 4-hour 50-day MA.

4-hour chart

BTC may regain some poise if the bulls manage to defend the 4-hour 50-day MA in the next few hours. Aan de andere kant, a failure to hold above the bullish 4-hour 50-day MA and 10-day MA would boost the odds of sustained drop below $8,459.

Uitzicht

Confirmation of a bearish outside-day reversal would open up downside towards $7,823.

Een dagelijkse nauwe (as per UTC) below that level would signal a violation of higher lows and higher highs pattern (bullish setup) and would also mean the long-term descending trendline breakout has failed. In such a case, BTC could revisit the April 1 low of $6,425.

Bullish scenario

BTC will likely revisit $9,280 if the bulls manage to defend the 4-hour 50-day MA and 10-day MA in the next few hours.

Acceptance above $9,280 would expose the 200-day moving average, momenteel hier te vinden $9,853.

Water drop image via Shutterstock

De leider in blockchain nieuws, CoinDesk is een media-stopcontact dat streeft naar de hoogste journalistieke normen en houdt zich aan een strikte set van redactionele richtlijnen. CoinDesk is een zelfstandig opererende dochteronderneming van Digital Currency Group, dat belegt in cryptocurrencies en blockchain starters.

Laten we advertenties blokkeren! (Waarom?)

Bron: Coindesk

bezig met laden...