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Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear Market.

Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear Market. Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear

Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear Market.
Yazar: Ross Sutton

Yayınlanma: 17 Ocak 2022 12:43

Güncellenme: 14 Kasım 2024 05:38

Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear Market.

    Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear Market. The outlook for the pair remains neutral to the downside considering that the uptrend has found some resistance.  

Bear Market Outlook

 
  • Set a sell-stop at 42,500 and a take profit at 40,000.
  • Add take profit at 44,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Biased Neutral Outlook Continues in Bear Market.

 

Bull Market Outlook

 
  • Take a buy-stop at 43,500 and a profit at 45,000.
  • Add a stop-loss at 42,000.
  The BTC/USD pair moved sideways over the weekend as traders tried to buy the dip after last week's massive crash. The pair is trading at 43270, which is about 9,50% above last week's low. The pair is still around 17% below its December high last year.   btcusd-crispus-17012022  

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