Cryptocurrency Analysis

[IFX_Selena]

Trading Signal for BITCOIN for August 23 - 24, 2021: Sell Below Psychological Level of $ 50,000 (61.8%)



Support and Resistance Levels for August 23 - 24, 2021
Resistance (3) 56,548
Resistance (2) 53,119
Resistance (1) 50,731

Support (1) 49,113
Support (2) 48,551
Support (3) 47,731


Trading tip for BITCOIN August 23 - 24, 2021
Sell below the psychological level of $50,000 (4/8) with take profit at 46,500 (50%) and 42,500 (SMA 21), stop loss above $ 51,000.

Sell below $ 51,650 (61.8%) with take profit at $ 46,500 (50%) and $ 42,500 (SMA 21), stop loss above $ 52,500.





Dimitrios Zappas
Analytical expert of InstaForex
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