BTC/USD bears have stayed in control for the second straight day. The price has fallen below the SMA 20 and SMA 50 curves. The Elliott Oscillator has had a red session following two straight green sessions. BTC/USD daily chart BTC/USD bears stayed in control for the second straight day as it charted the evening star pattern. The price plummeted from $9,623.62 to $9,277.70 and dropped below the SMA 20 and SMA 50 curves. The Elliott Oscillator has had a red session, following two straight green sessions. Meanwhile, the RSI indicator has dropped to 45.35 after the bearish price action. Support and Resistance BTC/USD has strong resistance levels at $9,700, $9,517.20 (SMA 20), $9,472.25 and $9,438.55 (SMA 50). On the downside, the bears will want to conquer support levels at $9,206.30 (downward trending line) and $9,175 to negative momentum. Key levels 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 Fed’s Bullard: US needs a “structural” response to the lack of Black economic progress FX Street 2 years BTC/USD bears have stayed in control for the second straight day. The price has fallen below the SMA 20 and SMA 50 curves. The Elliott Oscillator has had a red session following two straight green sessions. BTC/USD daily chart BTC/USD bears stayed in control for the second straight day as it charted the evening star pattern. The price plummeted from $9,623.62 to $9,277.70 and dropped below the SMA 20 and SMA 50 curves. The Elliott Oscillator has had a red session, following two straight green sessions. Meanwhile, the RSI indicator has dropped to 45.35 after the bearish price action. Support… Regulated 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.
