#BTC LATINUM PRICE PROFESSIONAL#

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#BTC LATINUM PRICE PROFESSIONAL#

We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.The purpose of this website is solely to display information regarding the products and services available on the App. holds no liability for any investments made based on the information provided on this page. The information provided is not trading advice. The probability of a fall is high and the downside break can take the price well below $21,000. The Bitcoin price analysis shows that hourly trends may display some bounce back but the long-term trend is definitely bearish. The price is unable to sustain confidently above the $22,000 level and the same is being exploited by the bears to create even more short positions. The BTC/USD pair has broken below $20,790 which also happens to be the 50-day EMA. Bitcoin price analysis conclusion: There’s only one way – down The RSI is barely holding above 30 level on the hourly charts. Since, the $25,000 psychological level is broken now, the price can certainly move towards $18k level in the long run. In order to explore addresses and transactions, you may use block explorers such as. It has a circulating supply of 177.78Mil LTNM coins and a max supply of 888.89Mil. LTNM price is down -2.83 in the last 24 hours. The Fibonacci Retracement from $32,000 is displaying a price level of $18,000 as the swing low. Bitcoin Latinum price today is 6.91 with a 24-hour trading volume of 403,867. The lower lows pattern goes on to show the inherent weakness in the price. The downside is expected to last well below $19,800 price level. Also, the institutional investors are also nowhere to be seen in the last few weeks as per Bitcoin price analysis.

The big money is not taking up large positions on either side of the trade. The declining channel is also taking volume and momentum along with it. The volumes in the hourly BTC/USD time frame are declining but still remain above average. BTC/USD 4-hour chart: Above average volumes to determine direction

Bitcoin price analysis shows that the bearish flag and pole pattern is building up and the price will soon challenge the $20k support zone. The support level at $21,000 seems to the holding for at least now but the sellers are mounting pressure as the week progresses. The ‘Flag and Pole’ bearish pattern is aiding the bears to take down more support levels as the price moves deeper. The sideways price action will only help the bears create more short positions near the upper trendline of the Bollinger Bands.

The muted movement is a sign of consolidation of the long positions within the said defined range. Bitcoin price movement in the last 24 hours: $21,000 acts as a cushion for the pairīitcoin price analysis shows that the pair is oscillating between $20,200 to $20,800 with little sparks.

Btc latinum price