Support is around 58,500 USDT
15-minute Trend
MA5 is moving downward and has crossed the MA10;
MA30 is flat;
Bollinger Bands are about to narrow;
KDJ and RSI are moving downward;
Day Trend
MA5 is moving downward and has crossed the MA10, but it has not crossed the MA30 yet;
Bollinger Bands are narrowing;
MACD runs below the zero axis;
Market Data
The long/short ratio of BTC Futures is 85:100;
Five out of the top ten addresses have inflows and five of them have outflows;
Fear & Greed Index is at 52;
Analysis
At present, the price is fluctuating at a comparably low price;
In the short term, 61,500 USDT is still the resistance mark;
Support is around 58,500 USDT;
You can sell short at around 61,500 USDT and buy long around 58,500 USDT.
MA5 is moving downward and has crossed the MA10;
MA30 is flat;
Bollinger Bands are about to narrow;
KDJ and RSI are moving downward;
Day Trend
MA5 is moving downward and has crossed the MA10, but it has not crossed the MA30 yet;
Bollinger Bands are narrowing;
MACD runs below the zero axis;
Market Data
The long/short ratio of BTC Futures is 85:100;
Five out of the top ten addresses have inflows and five of them have outflows;
Fear & Greed Index is at 52;
Analysis
At present, the price is fluctuating at a comparably low price;
In the short term, 61,500 USDT is still the resistance mark;
Support is around 58,500 USDT;
You can sell short at around 61,500 USDT and buy long around 58,500 USDT.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.