Trade of the day: BITCOIN (31.07.2024)

Facts:

Bitcoin bounced off the key short-term support zone
The long-term sentiment remains bullish

Recommendation:

Trade: Long position on BITCOIN at market price

Target: 69700, 71600

Stop: 62920

Opinion: Bitcoin has experienced a local downward correction recently. Looking at the H4 interval, one can see that buyers managed to halt downward move at key short-term support around $63,560 which is marked with the lower limit of the 1:1 structure, previous price reactions, 100-period moving average, as well as 23.6% Fibonacci retracement. In addition the bullish candlestick pattern - hammer surfaced on the chart. Taking this into account, continuation of an upward move is possible. We recommend taking a long position on BITCOIN at market price with two targets: 69700, 71600. We also recommend placing a stop loss order at 62920. Source: xStation5

5 June 2025, 3:59 PM

BREAKING: US500 slightly gains after the Trump - Xi phone call 📈

2 August 2024, 11:19 AM

Trade of the Day – GBPUSD (02.08.2024)

22 September 2023, 2:04 PM

Trade of the day - CH50cash (22.09.2023)

15 September 2023, 9:49 AM

Grifols receives a boost from the European Parliament

trading signal

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

Trade of the day: BITCOIN (31.07.2024)

Join over 1 700 000 XTB Group Clients from around the world