BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7564 (55-EMA); Resistance: 8003 (110-EMA)
Technical Analysis: Bias Bullish
BTC/USD briefly tested the $8000 mark before paring some gains to slip back to 7891 at around 04:15 GMT.
The pair broke the 55-EMA barrier to close 5.56% higher on Monday's trade. price currently capped below 110-EMA resistance at 8003.
Near-term trend has shifted to bullish with short-term MAs crossing over the longer-term MAs on the GMMA indicator.
The renewed interest in the asset is mainly connected to the upcoming May 2020 halving event.
The prevailing trend is strongly bullish as shown by the upward moving RSI which holds well above 60 mark.
Stochs are bias higher and rising volatility raises scope for continued bullish momentum.
Breakout at 110-EMA (8003) eyes 21W EMA at 8140 ahead of cloud top at 8533.


FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 



