empty
30.03.2023 01:28 PM
Technical analysis of BTC/USD for March 30, 2023

This image is no longer relevant

Trading BTC/USD :

Bitcoin The bullish trend is currently very strong for BITCOIN - BTC/USD. As long as the price remains above the support at 28k USD, you could try to take advantage of the bullish rally in short term. The first bullish objective is located at 28,626 USD (this price is coincided with the ratio 78% of Fibonacci retracement levels).

The bullish momentum would be revived by a break in this resistance. Closing above the pivot point (28k USD) could assure that BTC/USD will move higher towards cooling new highs. The bulls must break through 29k USD in order to resume the up trend. Buyers would then use the next resistance located at 29,184 USD as an objective (this price is coincided with the ratio 100% of Fibonacci retracement levels - the double top - te last bullish wave on the hourly chart).

Crossing it would then enable buyers to target 29k USD. Be careful, given the powerful bullish rally underway, excesses could lead to a short-term rebound. Bitcoin's price has been consolidating between the 28k USD and 30k USD over the last few weeks, following a massive rising from the 28k USD mark.

So far, the price has been supported by the 28k USD - 27k USD range. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

However, considering the current price action and the third rejection from this area, a run to the 29k USD support level and the 50-day moving average seems more likely. A bullish breakout from these levels would initiate a rally towards the 29k USD - 30k USD supply zone – a key level to which the price's reaction would determine the mid-term trend of the market.

In the very short term, the general bearish sentiment is confirmed by technical indicators. Nevertheless, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

After finding bids reach to 29k USD, bitcoin price recovered above 26k USD, 27k USD and 28k USD. Initial Bitcoin resistance lies near the 28,626 USD level (78% of Fibonacci retracement levels).

A decent breakout and follow-up move above 28,626 USD could open the gate for a push towards the 29k USD level. The main resistance remains near the area of 29k USD - 30k USD.

Also it should be noted that Bitcoin and cryptocurrencies unite as the bears lose their momentum. The market is indicating a bullish opportunity above the above-mentioned support levels, for that the bullish outlook remains the same as long as the 100 EMA is headed to the upside.

Trading BTC/USD :

An uptrend will start as soon, as the market rises above resistance level 28k USD, which will be followed by moving up to resistance level 29k USD. Further close above the high end may cause a rally towards 30k USD. Nonetheless, the weekly resistance level and zone should be considered.

Mourad El Keddani,
Especialista em análise na InstaForex
© 2007-2025
Selecionar intervalo de tempo
5
min
15
min
30
min
1
hora
4
horas
1
dia
1
s.
Ganhe com as variações das taxas das criptomoedas com a InstaForex.
Baixe o MetaTrader 4 e abra a sua primeira operação.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO

Recommended Stories

Sinais de negociação para o OURO (XAU/USD) para 9-11 de abril de 2025: venda abaixo de $3.075 (SMA 21 - 61,8%)

Do ponto de vista técnico, o ouro está em região de sobrecompra desde ontem, e essa recuperação recente parece ser apenas uma correção técnica. Por isso, acreditamos que pode haver

Dimitrios Zappas 17:04 2025-04-09 UTC+2

Análise técnica do movimento intradiário de preços do instrumento do gás natural, quarta-feira, 09 de abril de 2025

No gráfico de 4 horas do instrumento de commodities Gás Natural (#NG), podemos observar a formação de um padrão de baixa 123, seguido por um Ross Hook (RH) também

Arief Makmur 16:05 2025-04-09 UTC+2

Análise técnica do movimento intradiário de preços do par USD/CAD, quarta-feira, 09 de abril de 2025

Embora, no gráfico de 4 horas, o par USD/CAD ainda esteja se movendo dentro de um canal de baixa, a formação de um padrão altista 123, combinada com a posição

Arief Makmur 15:56 2025-04-09 UTC+2

Previsão para o EUR/USD para 9 de abril de 2025

Ao final da terça-feira, o euro avançou 45 pips e, durante a sessão do Pacífico nesta quarta-feira, acrescentou aproximadamente o mesmo valor, aproximando-se do nível-alvo de 1,1027. Caso essa resistência

Laurie Bailey 15:52 2025-04-09 UTC+2

Previsão para o GBP/USD para 9 de abril de 2025

Na terça-feira, a libra esterlina testou o limite inferior da faixa-alvo em 1,2816/47 com uma sombra superior. Esta manhã, o preço conseguiu se mover dentro dessa faixa. Uma consolidação acima

Laurie Bailey 15:51 2025-04-09 UTC+2

EUR/USD e GBP/USD - Análise técnica para 9 de abril

Os compradores (touros) estão tentando retomar o controle, e no momento observamos um aumento da atividade com impulso em direção ao pico da correção atual, em 1,1147. Um rompimento acima

Evangelos Poulakis 15:33 2025-04-09 UTC+2

Previsão para o gás natural - 8 de abril de 2025

Gás Natural (NG) Na semana passada e no início desta semana, a cotação do gás natural não ultrapassou a resistência em 4,200, o que é reforçado pela linha MACD

Laurie Bailey 23:09 2025-04-08 UTC+2

inais de negociação para o OURO (XAU/USD) para 8-10 de abril de 2025: comprar acima de $2.993 ( EMA 200 - recuperação)

Nosso plano de negociação para as próximas horas considera a venda do ouro abaixo de US$ 3.020, com base na configuração técnica do canal de baixa. A incapacidade de romper

Dimitrios Zappas 17:48 2025-04-08 UTC+2

Sinais de negociação para o EUR/USD para 8-10 de abril de 2025: venda abaixo de 1,0986 (EMA 200 - 6/8 de Murray)

Se o euro romper o canal de tendência de baixa, podemos esperar um novo movimento ascendente que pode empurrar o EUR / USD para 1,1051, a alta da semana passada

Dimitrios Zappas 17:44 2025-04-08 UTC+2

Análise técnica do movimento intradiário do preço do ouro, terça-feira, 08 de abril de 2025.

Após o surgimento de uma divergência entre o movimento do preço do ouro e o indicador Oscilador Estocástico no gráfico de 4 horas — confirmada também pelo fato

Arief Makmur 16:35 2025-04-08 UTC+2
Não pode falar agora?
Faça sua pergunta no chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.