Bitcoin Market Analysis: April 18 Support and Resistance Insights
- Market Structure Analysis: The cumulative volume delta (CVD) chart analysis for the BTC/USDT trading pair on April 18, 2025, revealed critical support ($68,200-$68,500) and resistance levels ($70,100-$70,300), providing traders with essential insights into market dynamics during a period of price consolidation, thereby aiding in more informed trading decisions.
- Volume Heatmap Interpretation: The volume heatmap for April 18 indicated significant trading activity within the $69,000-$69,400 range, suggesting potential support and resistance levels for future price action, which helps traders identify value areas in the market.
- Retail vs. Institutional Behavior Comparison: The CVD analysis highlighted that retail traders exhibited consistent buying interest throughout the session, while institutional traders showed selling pressure at specific resistance levels, revealing differing strategies and time horizons among market participants that impact overall market dynamics.
- Technical Indicator Correlation Analysis: The CVD data from April 18 aligned reasonably well with other technical indicators, such as the relative strength index and moving average convergence divergence, indicating market stability and enhancing traders' confidence in market trends, thus assisting them in developing more effective trading strategies.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ORDER
Technical Sentiment Analysis for Orderly Network (ORDER). As of , Orderly Network (ORDER) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ORDER stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ORDER is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Orderly Network (ORDER) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0338 | 0.0432 | 0.0513 | 0.0607 | 0.0688 | 0.0783 | 0.0863 |
| Fibonacci | 0.0432 | 0.0499 | 0.0541 | 0.0607 | 0.0674 | 0.0716 | 0.0783 |
About ORDER
About the author
