Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
BTCUSD Remains Trapped Around the $26,000 Zone
Bitcoin (BTCUSD) remains trapped and confined within a range. The price oscillates between the crucial levels of $26,300 and $25,800. This situation reflects the lingering impact of the recent bearish phase experienced since the previous week. The coin’s ascent has been stymied despite the cessation of sharp declines. This resulted in a sideways movement confined within the boundaries of $26,300 and $25,800.
BTCUSD Key Levels
Supply Levels: $26,300, $30,000, $35,000
Demand Levels: $25,800, $25,250, $25,000
It’s plausible to consider that the coin may have concluded its bearish trajectory, mainly due to the notable BTCUSD support zone at $25,000. Furthermore, the potential resurgence of the bulls could potentially propel the price back into the confines of the ascending parallel channel.
The positioning of the Stochastic Oscillator lines at the oversold border suggests that the bearish momentum has subsided, awaiting the bulls to initiate a potential rally. Concurrently, on the daily chart, the EFI (Elders Force Index) powerline has embarked on an upward trajectory from its initial negative value.
Market Expectations
Shifting our focus to the 4-hour timeframe, the Stochastic indicator is gradually rebounding from the oversold border, while the EFI line is steadily progressing towards the zero level, indicative of increased control being established by the bulls. This confluence of indicators signifies the potential for renewed bullish activity in the BTCUSD market.
How To Buy Lucky Block
Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus