• bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H
Crypto Currency Bazaar 4u
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home UK

BTC/USD Pauses After Testing 41856: Sally Ho’s Technical Analysis 6 February 2022 BTC

CB4U by CB4U
February 5, 2022
in UK
0
BTC/USD Pauses After Testing 41856: Sally Ho’s Technical Analysis 6 February 2022 BTC
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bitcoin (BTC/USD) worked to sustain recent gains early in today’s Asian session as the pair paused after testing the 41856.87 area, representing a test of the 38.2% retracement of the depreciating range from 48574.70 to 37704.42.  Stops were elected above the 37456 and 40255 areas during the recent ascent, representing the 23.6% and 38.2% retracements of the depreciating range from 52100 to 32933.33.  Additional upside retracement levels in this depreciating range include the 42516, 44778, 47576, and 47998 areas.  Areas of technical resistance and potential selling pressure include the 42544, 43132, 43211, 43778, 44655, 45213, 46219, 46487, 46600, 47726, and 48135 levels.

One downside price objective related to selling pressure around the 52100 and 47076.55 levels is the 28625.93 area.  Stops are likely in place below the 31639.47 area, a downside price objective related to selling pressure that intensified around the 57670.68 area.  Additional downside price objectives include the 29514, 27721, 25839, and 25217 levels.   Traders are observing that the 50-bar MA (4-hourly) is bearishly indicating below the 200-bar MA (4-hourly) and above the 100-bar MA (4-hourly).  Also, the 50-bar MA (hourly) is bullishly indicating above the 100-bar MA (hourly) and above the 200-bar MA (hourly).

Price activity is nearest the 200-bar MA (4-hourly) at 40368.27 and the 50-bar MA (Hourly) at 39236.67.

Technical Support is expected around 31639.47/ 29514.02/ 27271.02 with Stops expected below.

Technical Resistance is expected around 42544.70/ 43132.91/ 44763.46 with Stops expected above.  

On 4-Hourly chart, SlowK is Bearishly below SlowD while MACD is Bullishly above MACDAverage.

On 60-minute chart, SlowK is Bearishly below SlowD while MACD is Bearishly below MACDAverage.                                                                                                                                               

 

Disclaimer: This trading analysis is provided by a third party, and for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Advertisement Banner
Previous Post

A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device – Mining Bitcoin News

Next Post

‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Estate

CB4U

CB4U

Next Post
‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Estate

‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Estate

Discussion about this post

RECOMMENDED

Terra Secures Sports Sponsorship Deal With MLB’s Washington Nationals

Terra Secures Sports Sponsorship Deal With MLB’s Washington Nationals

5 months ago
Ethereum (ETH) Whale Adds 47 Billion SHIB Tokens; Shiba Inu Now Largest Holding By ETH Whales

Shiba Inu (SHIB) Flips Uniswap (UNI); Becomes Most Traded Token By ETH Whales

4 months ago

DON'T MISS

Shiba Inu Price Prediction – Shib Price is Up, Will it Continue to Climb?

Shiba Inu Price Prediction – Shib Price is Up, Will it Continue to Climb?

June 25, 2022
Crypto Crash Coming, Continue to Buy the Dip: BNB Coin (BNB), Ethereum Classic (ETC), and FIREPIN (FRPN)

Crypto Crash Coming, Continue to Buy the Dip: BNB Coin (BNB), Ethereum Classic (ETC), and FIREPIN (FRPN)

June 25, 2022
What Lido staking dominance may mean for Ethereum’s future

What Lido staking dominance may mean for Ethereum’s future

June 25, 2022
Here’s How Celsius Bankruptcy Filing Will Benefit Goldman Sachs

Here’s How Celsius Bankruptcy Filing Will Benefit Goldman Sachs

June 25, 2022
Crypto Currency Bazaar 4u

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Shiba Inu Price Prediction – Shib Price is Up, Will it Continue to Climb?

Shiba Inu Price Prediction – Shib Price is Up, Will it Continue to Climb?

June 25, 2022
Crypto Crash Coming, Continue to Buy the Dip: BNB Coin (BNB), Ethereum Classic (ETC), and FIREPIN (FRPN)

Crypto Crash Coming, Continue to Buy the Dip: BNB Coin (BNB), Ethereum Classic (ETC), and FIREPIN (FRPN)

June 25, 2022
What Lido staking dominance may mean for Ethereum’s future

What Lido staking dominance may mean for Ethereum’s future

June 25, 2022

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $44,236.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $3,099.46 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $429.53 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $1.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $1.09 5.58%24H
  • chainlink
    Chainlink(LINK)
    $16.79 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $339.29 5.04%24H
  • stellar
    Stellar(XLM)
    $0.219 4.19%24H
  • vechain
    VeChain(VET)
    $0.060 7.84%24H
  • tezos
    Tezos(XTZ)
    $4.15 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00100 3.34%24H