ANALYSIS
NQ100 Finds Support from PPIApr 14
Bitcoin Continues Its Search for The Direction
It seems that Bitcoin, which left the descending channel pricing and turned to reaction purchases, remained limited in the face of the cautious mood seen in the Nasdaq. When we examine it technically, we follow the upper band region of our symmetrical triangle formation at 30 thousand – 30 thousand 500 dollars in order to accelerate the recovery. Possible suppressed crossings on the said region may bring up the resistance levels of 31 thousand 400 and then 32 thousand 500 dollars. On the other hand, the levels of 28 thousand 500 dollars can be considered as a support in the possible pullbacks during the day.
