Ichimoku analysis (4-hour chart)
Tenken-Sen- $55259
Kijun-Sen- $57037
BTCUSD is consolidating in a narrow range between $57592 and 53400 for the past two days. The intraday bullishness can happen only if it breaks $58000.Bitcoin was one of the best performers this year and surged more than 95%. It hits a fresh all-time high around $64985 and shown a massive sell-off. The pair is trading above 4-hour Kijun-Sen, cloud, and Ten-Ken.
The near-term resistance is around $58000. Any indicative break above targets $59110 (100 4H MA) /$6000/$61700.Major trend continuation above $65000.
The pair's minor support is around $54300.A break below will drag the pair down till $53400/$53000/$50300/$49300 is possible. Significant bearishness only if it breaks $43000.
Indicator (4 Hour chart)
CAM indicator – Slightly Bullish
Directional movement index – Bearish
It is good to sell on rallies around $57900-$58000 with SL around $60000 for TP of $50300.


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro- Woodies Pivot(Major)
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
ETHUSD Dip: Prime Buy Zone to $3600 Targets
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 



