BTC/USD chart - Trading View
Exchange - Coinbase
Support: 11029 (21-EMA); Resistance: 11556 (200H SMA)
Technical Analysis: Bias Neutral
BTC/USD opens Monday's trade on a weaker note. Trades 0.75% lower at 11454 at 04:30 GMT.
Upside is capped at 5-DMA resistance at 11622. And cloud offers strong support on the lower side at 11303.
Major trend remains bullish as indicated by GMMA indicator. Both short and long term moving averages are biased higher.
However, technical indicators highlight scope for a minor downside. Stochs are on verge of rollover from overbought.
The pair is struggling to break above strong trendline resistance and 5-DMA is showing a slight turn.
Immediate support is 21-EMA at 11026. Break below will see dip till 55-EMA at 10423.
On the flipside, breakout at 200H SMA (11556) will see resumption of upside.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
Bitcoin Consolidates Near $78K: Will Strong ETF Inflows Trigger a Breakout to $90K?
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon
FxWirePro: GBP/USD gains some upside momentum but still bearish
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies
FxWirePro- Woodies Pivot (Major)
Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish
FxWirePro: USD/ZAR hits three-week high after hot U.S. PPI data
FxWirePro- Major Crypto levels and bias summary
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity
FxWirePro: EUR/NZD eases after hot US CPI data 



