CRYPTONEWSDAILY | BTC ANALYSES DAILY 06.01.2021

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Let´s take a look on the Chart - daily timeframe

Yesterday we saw a green candle from 30.000$ to 34.500$. Now we trying to catch a new high, what we saw for a short moment ( close to 36K), but after that we saw a little pullback.
This Day will shows the real strength of Buyers, especially on this crazy price levels, and a daily candle close above 34.000$ means we stay bullish.

Bullish Szenario:

Over this day and the next day we'll see a crossing of R3 Pivot level (37.070 $) and hold the price around this level before rising again.

Targets:
First - 37.070$


Bearish Szenario:

If we can't stay above 34k, opens the road back to R2 Pivot Level around 32.600$. When we don't stop here and got new busslish signs, we can drop down to R1 Pivot Level and after that hitting MA 21 at 27K.

Targets:
First - 32.570$
Second - 29.790$
Third - around MA 21 27.000$

Thanks for your attention and feel free for contacting us !

Greeting,
Team of Cryptodailynews





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Disclaimer:
This Ideas and Analyses are just ours specific view of things- no informations are financial advices. Keep that in mind.
Moving AveragesPivot PointsSupport and Resistance

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