Web Trader MT5 
Bitcoin Technical Analysis
Bitcoin reached a new all-time high today at $124,492 before pulling back sharply. The price had been trading above the 5-period and 10-period moving averages, indicating strong bullish momentum, but the latest decline has brought it close to testing the 30-period moving average as potential short-term support.
MACD has just flipped to red falling below the zero line, and the MACD line has crossed below the signal line, indicating a shift in momentum from bullish to bearish, at least for the short term.
If the price closes below the 30-period MA, we could see a further downside toward the $121,000–$120,500 area. However, if support holds, the recent pullback could turn into a consolidation phase before another push to the upside.
Bitcoin (BTCUSD) 1H Chart
| Resistance | $122,536 | $123,886 | $124,501 |
| Support | $120,903 | $120,087 | $118,955 |
USDJPY Technical Analysis
USDJPY has been in a steady downtrend due to the weakness of the US dollar, with the pair now touching a low of 146.22. The price is trading well below all three moving averages, which indicates persistent selling pressure.
Both the MACD lines are in negative territory with a widening gap, and the histogram shows strong red bars, showing bearish momentum. Unless the pair reverses with a strong rebound, the next potential support lies in the 145.80–145.50 range.
Any recovery attempt requires a breakout above the 146.80–147.00 resistance zone to suggest a trend reversal.
USDJPY 1H Chart
| Resistance | 146.76 | 147.14 | 147.56 |
| Support | 145.84 | 145.87 | 145.17 |
Silver Technical Analysis
Silver prices show strong momentum upward, reaching a weekly high at $38.72 before facing selling pressure, possibly from profit taking. The price action had maintained a steady uptrend above the moving averages, but the recent drop has brought it back toward the 30-period moving average, which now acts as a crucial support zone.
MACD also made a bearish crossover, and the histogram is turning negative, reflecting weakening upward momentum. If selling pressure continues, a deeper retracement toward the $38.10–$37.90 area is possible. On the other hand, a rebound from current levels could retest $38.70, but it would require renewed buying volume to sustain the move.
Silver (XAGUSD) 1H Chart
| Resistance | $38.73 | $38.93 | $39.20 |
| Support | $38.33 | $38.16 | $37.85 |
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