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Crypto Technicals: BTC/USD extends gradual grind higher along 5-DMA support, bias bullish

BTC/USD chart - Trading View 

Exchange - Bitfinex

Support: 5452 (5-DMA); Resistance: 5690 (Trendline)

Technical Analysis: Bias Bullish

- BTC/USD has retraced from session lows at 5392 

- Price action is extending gradual upside along 5-DMA

- Upside finds stiff trendline resistance at 5690, break above to see further upside

- Momentum with the bulls, 'Golden Cross' formation on the daily charts keeps scope for upside

- Close below 5-DMA could see some weakness. Dip till 20-DMA then likely

- Trendline breakout to see upside resumption, scope for test of 61.8% Fib at 6041

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

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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

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Previous

48.6 %

January 31 00:00 UTC 773105773105m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 773105773105m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 784925784925m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 773105773105m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 784925784925m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 773105773105m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 773105773105m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 773105773105m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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