Bitcoin Technical Analysis : BTC/USD 16 May 2024
16 May 2024 Analysis (Technical Analysis)BTC/USD (Bitcoin)
Forex Technical Analysis : BTCUSD (Bitcoin)
Date : 16 May 2024
Momentum : Up
First Scenario : long positions above 65144 with targets at 66900, 67929 and 69564
Second Scenario : short positions below 65144 with targets at 63876, 62375 and 61108
Comment : There is no clear trend in the price movement.
Supports and resistances :
69564 **
67929 *
66900
65859 - Last price
63876
62375 *
61108 **
Warning : This information is not a buy-sell signal.
