Bitcoin Technical Analysis : BTC/USD 16 August 2024
16 August 2024 Analysis (Technical Analysis)BTC/USD (Bitcoin)
Forex Technical Analysis : BTCUSD (Bitcoin)
Date : 16 August 2024
Momentum : Down
First Scenario : short positions below 58636 with targets at 57104, 56138 and 54568
Second Scenario : long positions above 58636 with targets at 59931, 61868 and 63330
Comment : The price movement is no clear trend.
Supports and resistances :
63330 **
61868 *
59931
58203 - Last price
57104
56138 *
54568 **
Warning : This information is not a buy-sell signal.
