BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7952 (55W EMA); Resistance: 8281 (5-DMA)
Technical Analysis: Bias Bearish
BTC/USD is trading largely muted in the Asian session today with session high at 8149 and low at 8088.
The pair has held above 55W EMA which is major support at 7952.
Price action has edged higher from 4-week lows at 7980 to close 0.56% lower at 8123 on Tuesday's trade.
A 'Hammer' formation at lows raises scope for further recovery. That said, technical indicators are still bearishly aligned.
Stochastics oscillator at oversold levels and 'Bullish Divergence' on the hourly charts may support some upside traction.
Watch out for break above 5-DMA (8280) for minor upside. Next resistance lies at 8510 (200H SMA).


FxWirePro: EUR/AUD scales one-week peak after ECB rate hike
Gold Loses Luster Amid Rising US Bond Yields, Iran Conflict; Sell on Rallies Advised
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish 



