Market Analysis of BTCUSDT on Monday 26 AUGUST 2024

2024-08-26 19:46Fonte:BtcDana

BTCUSDT  TECHNICAL ANALYSIS SHORT TERM VIEW

   

15 minute chart showing calculations it is running in positive trend and stop loss is 62200 level . It can rise towards 65000 level   . Intraday purpose buying is better with stop loss 62200 level expecting intraday targets 63800 , 63900 and 64100 levels respectively .Strong support  area is 62500 to 63450 level .

QUICK FUNDAMENTAL LOOK

                                                                   

Bitcoin heads into the August monthly close with a welcome recovery as BTC price action targets $65,000.

The largest cryptocurrency has delivered a remarkable show of strength over the past week, and traders hope the good times will continue.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

Mais