Menu

Search

  |   Digital Currency

Menu

  |   Digital Currency

Search

Crypto Technicals: BTC/USD bounces off session lows with 'Hammer' formation, bias neutral

BTC/USD chart - Trading View 

Exchange - Coinbase

Support: 7110 (21-EMA); Resistance: 7882 (5-DMA)

Technical Analysis: Bias Neutral

BTC/USD extends weakness for the 4th straight session.

Price action has slipped below 5-DMA and 1H 200-SMA.

Bearish divergence on RSI and Stochs raises scope for weakness.

Major trend in the pair is still bullish. 5-DMA is still biased higher.

Price has held support at 4H cloud. Break below finds next major support at 7180 (4H 110-EMA)

21-EMA (7108) required for further downside. Bullish invalidation only below 200-DMA

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex
 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

June 20 14:30 UTC Released

TRCentral Govt Debt Stock

Actual

1221 Bln TRY

Forecast

Previous

1210.5 Bln TRY

June 20 14:30 UTC Released

USNat Gas, Change Bcf

Actual

115 Cubic feet

Forecast

107 Cubic feet

Previous

102 Cubic feet

January 31 00:00 UTC 728350728350m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 728350728350m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 740170740170m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 728350728350m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 740170740170m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 728350728350m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 728350728350m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 728350728350m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.