We are busy at work to get the bigX services ready. Sign up and be among the first to
when this service is available.
Subscribe to be notified.
Thank you for subscribing. You are almost done.
Please check your email to confirm your subscription
something exciting is on the way
We are busy at work to get the bigX platform ready for trading. Would you like to be notified
when it’s done? Leave your email on the right and be among the first to know.
BTCUSD technical analysis 01 july 2020
Disclaimer: Any information contained in this website are the intellectual ownership of bigX. If you share this information, please reference the source link at bigX at all times and include this disclaimer. The opinions, analysis, charts and pricing based in this market analysis do not constitute investment advice. This should not be relied upon as your only source of market research and should never be used for actual trading decisions. Our opinions and analysis are subject to change at any point and we will not accept liability for any losses directly or indirectly from this information. You should never use just one source of information to make trading decisions, rather you should take your time and make an informed decision based on your own research. Please note that past performance and analysis are no indicators for future results.
BTCUSD hourly chart analysis
The price has stablised around the 9000 level
Expect potential movement either to 10000 or 8000 (and beyond)
Currently the price is ranging – moving sideways
Usually this means a sharp price change will be coming soon
BTCUSD four hourly analysis
After a period of successive bullish movement we have reached a resistance level
The price has broken below the trend suggesting a correction / retracement to lower levels
We can analyse the longer term charts to understand what those challenges are
BTCUSD daily analysis
At the moment the price is moving slow, the candle body sizes are small
This is a period of consolidation
In periods like this a significant movement up or down will create a new range
Potential buying opportunities at the 8000 level, selling opportunities at the 10000 level
In slow ranging periods best to avoid trading until the range is broken out, but short term entries and exits could be the way forward for now