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DAILY CRYPTOCURRENCY ANALYSIS
BITCOIN [BTC] 420889.44 TRY
Pulled to support 6258 after testing 6550 resistance, BTCUSD maintains its position in the oversold area. It is thought that the cryptocurrency, which is thought to be able to see upward movements if the volume in long positions increases, should provide permanence above 7000 resistance in the next period. In downward movements, it is important to follow the 6000 support.
It is seen that ETHUSD, which has entered the squeezing period, is trying to hold above 20 MA on the daily chart. In the case of an increase in volume in long positions, the desire to pass for the overbought region may occur in the cryptocurrency. In this concept, it is important to hold on to 153 resistance. In the case of downward, the 126 level can be followed as support. In downward movements that appear with increasing short positions in the market, following support levels can gain importance.
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