BTCUSD SELLERS LOSING BEARISH MOMENTUM
Bitcoin is starting to lose bearish momentum after short-term sellers failed to keep price below the symmetrical triangle pattern on the four-hour and daily time frames. Sellers need to break the $6,160 level to accelerate downside pressures, while buyers need to move price above the upper trendline, at $6,480. Overall, caution is advised until a clear technical break of the $6,030 to $6,730 price range has occurred.
The BTCUSD pair is only intraday bearish while trading below the $6,160 level, key support remains at the $6,030 and $5,800 levels.
If the BTCUSD pair trades above the $6,480 level, buyers are likely to test towards the $6,550 and $6,730 resistance levels.
The BTCUSD pair is only intraday bearish while trading below the $6,160 level, key support remains at the $6,030 and $5,800 levels.
If the BTCUSD pair trades above the $6,480 level, buyers are likely to test towards the $6,550 and $6,730 resistance levels.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.