Latest candlestick has been labeled as green 9, which marks the end of the current uptrend. BTC has three healthy support levels at $10,700, $10,525 and $10,350. BTC has been on a steady upward swing over the last nine days. After bouncing up from the $10,170 support line to reach $10,930. The latest candlestick has been labeled as green 9, which marks the end of the current uptrend. BTC/USD daily chart Now, the price should begin its downward movement as they aim for the $10,475 support line. To get a better understanding of the downside potential, let’s look at the daily confluence detector. BTC/USD Confluence Detector BTC has one strong resistance level on the upside at $10,350, which has the one-month Fibonacci 61.8% retracement level and weekly Pivot Point one resistance-three. On the downside, there are three healthy support levels at $10,700, $10,525 and $10,350. $10,700 has the weekly Pivot Point one resistance one, one-day Previous low and monthly Pivot Point support-one. Up next, the $10,525 level has the daily Pivot Point one support-two and Previous Week high.h Finally, the $10,350 support level has the one-week Fibonacci 38.2% retracement level and daily Pivot Point one support-three. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CHF risk reversals hit a two-month low on put demand FX Street 1 year Latest candlestick has been labeled as green 9, which marks the end of the current uptrend. BTC has three healthy support levels at $10,700, $10,525 and $10,350. BTC has been on a steady upward swing over the last nine days. After bouncing up from the $10,170 support line to reach $10,930. The latest candlestick has been labeled as green 9, which marks the end of the current uptrend. BTC/USD daily chart Now, the price should begin its downward movement as they aim for the $10,475 support line. To get a better understanding of the downside potential, let’s look at the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
