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 – 3 MAR 2020 – bigX
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 H1 chart should be used for short term trading position entry and exit
Bounce off support level at 8600
Further supports at 8200 is open and challengeable in the short term
An interim trading range of 8600 and 9400 is active for both long and short positions
BTCUSD four-hourly analysis
Reinforces the hourly chart to suggest a re-challenge of 8600 or 9400
8200 price is also demonstrated as a support level
Short term ranging after the major drop from 10000+ levels
Expect ranging to continue in the near term
BTCUSD daily analysis
Composing both support and resistance levels and channels demonstrates the longer-term price movement to expect
Expect price to remain in line with these channels guiding any break-outs
Any breakouts would be considerable to the 6000+ price on the short and 11000+ on the long