CRYPTO NEWS - Market is In Red Zone | NOT the ALTCOIN SEASONE
CRYPTO NEWS - Market is In Red Zone | NOT the ALTCOIN SEASONE, BTC Was At 59k But Droped to 56k
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
07:02 Ethereum Technical Analysys
Bitcoin closed the trading day on Sunday, November 28, at $57,300 55,000 and again avoided a weekly close below the already established support in the $56,000 53,100-21 2021 area. The bulls rebounded from the daily low at XNUMX XNUMX dollars, finding stability at the diagonal trendline on the weekly timeframe (first point in mid-July). In the same area, we could see the XNUMX period EMA and the peak of the September XNUMX year, which now serves as a support line.
The coin lost 2.2 percent over the seven-day period.
On Monday, the BTC / USDT pair continued its upward move. It formed its third consecutive green candle on the daily chart and ended the session at $57,760 7, but it still failed to rise above the short-term diagonal that we received in several reports. Although this line was broken between November 16 and XNUMX, it proved extremely resilient to buyer pressure the rest of the time.
Tuesday's session was an attempt to move above that zone and the 21-day EMA in early trading hours. Volumes, however, could not support a breakout, and by late afternoon bitcoin had fallen to $56,970 XNUMX, closing in negative territory.
The leading cryptocurrency ended November with a 7.2% loss.
Wednesday's midweek session was more or less the same - the bulls on BTC quickly began a strong move up to see it completely pull back later in the session.
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
07:02 Ethereum Technical Analysys
Bitcoin closed the trading day on Sunday, November 28, at $57,300 55,000 and again avoided a weekly close below the already established support in the $56,000 53,100-21 2021 area. The bulls rebounded from the daily low at XNUMX XNUMX dollars, finding stability at the diagonal trendline on the weekly timeframe (first point in mid-July). In the same area, we could see the XNUMX period EMA and the peak of the September XNUMX year, which now serves as a support line.
The coin lost 2.2 percent over the seven-day period.
On Monday, the BTC / USDT pair continued its upward move. It formed its third consecutive green candle on the daily chart and ended the session at $57,760 7, but it still failed to rise above the short-term diagonal that we received in several reports. Although this line was broken between November 16 and XNUMX, it proved extremely resilient to buyer pressure the rest of the time.
Tuesday's session was an attempt to move above that zone and the 21-day EMA in early trading hours. Volumes, however, could not support a breakout, and by late afternoon bitcoin had fallen to $56,970 XNUMX, closing in negative territory.
The leading cryptocurrency ended November with a 7.2% loss.
Wednesday's midweek session was more or less the same - the bulls on BTC quickly began a strong move up to see it completely pull back later in the session.
