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There were no major changes during the weekend in the crypto space and in the case of Bitcoin, we could observe that the price action did not vary much since the 200-hour moving average served as a reference to guide the way in the short term. The support level of 6281 is still an area of interest for buyers.
The Parabolic SAR continues to provide signals that the BTC could continue with the bearish movement, in addition to that there was already a death crossover of moving averages in the H1 chart, which
What do we expect?
According to our forecasts in the short-term, Bitcoin could try to break the support level of 6281 to extend the structure to the level of 5475. This could strengthen the bearish bias for the short term, which also clears the way for visit the psychological level of 5000. If the resistance level of 7586 bets to be fractured, the gains could be consolidated above the key level by 8000.
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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