{"id":39861,"date":"2021-01-14T11:50:27","date_gmt":"2021-01-14T07:50:27","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=39861"},"modified":"2021-01-14T11:50:29","modified_gmt":"2021-01-14T07:50:29","slug":"bitcoin-starts-off-on-the-positive-side","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-starts-off-on-the-positive-side\/01\/14\/tech-analysis\/","title":{"rendered":"Bitcoin Starts Off on The Positive Side"},"content":{"rendered":"\n<p>Divergent trades dominated the movements of Bitcoin during the previous session, to return to trading in a bullish path, benefiting from stability above 37,200.<\/p>\n\n\n\n<p>We tend to be positive intraday as the pair continues to receive a positive stimulus from the 50-day moving average. Confirming a breach of 37,730 increases the probability of touching 37,970 and 38,220.<\/p>\n\n\n\n<p>Trading again below 37,230 negates the bullish scenario and Bitcoin is witnessing a bearish tendency, its initial target is around 36,970. <\/p>\n\n\n\n<p>Note: The risks are high and all scenarios are on the table.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>S1:&nbsp;<strong><strong><strong><strong><strong><strong><strong><strong>37230<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R1: <strong><strong><strong><strong><strong><strong><strong><strong>37730&nbsp;<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S2:<\/strong>&nbsp;<strong><strong><strong><strong><strong><strong><strong><strong><strong>36970<\/strong>&nbsp;&nbsp;<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R2:<\/strong>&nbsp;<strong><strong><strong><strong><strong><strong><strong><strong><strong>37970<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><tr><td><strong>S3:&nbsp;<strong><strong><strong><strong><strong><strong><strong><strong>36730<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><td><strong>R3: <strong><strong><strong><strong><strong><strong><strong><strong>38225<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Divergent trades dominated the movements of Bitcoin during the previous session, to return to trading in a bullish path, benefiting from stability above 37,200. We tend to be positive intraday as the pair continues to receive a positive stimulus from the 50-day moving average. Confirming a breach of 37,730 increases the probability of touching 37,970 &hellip;<\/p>\n","protected":false},"author":9,"featured_media":39878,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7222,6904,7227],"class_list":["post-39861","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-analysis","tag-bitcoin","tag-technical"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=39861"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39861\/revisions"}],"predecessor-version":[{"id":39881,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/39861\/revisions\/39881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/39878"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=39861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=39861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=39861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}