BTC/USD finds strong support at $8,110 and $7,900. The price fell from $8,170.75 to $8,122.85 this Tuesday. After a second straight bearish day wherein the price of BTC/USD dropped from $8,170.75 to $8,122.85, the bulls have started the recovery process in the early hours of Wednesday. Currently, BTC/USD is trading for $8,129.30. The confluence detector shows that there are three resistance levels on the upside at $8,150, $8,190 and $8,375. On the downside, support lies at $8,110 and $7,900. BTC/USD daily confluence detector $8,150 has the 4-hour previous high, 15-min Bollinger Band upper curve and one-day Bollinger Band lower curve, while $8,190 has the one-hour Bollinger Band upper curve. Finally, $8,375 has the 100-day Simple Moving Average (SMA 100) and previous week low. Looking at the support levels, $8,190 has the SMA 5, SMA 10, 15-min Bollinger Band and one-hour Bollinger Band middle curve. $7,900 has the one-week Pivot Point support two. 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/CAD Technical Analysis: 1.3280/90 resistance confluence challenges 5-week high FX Street 3 years BTC/USD finds strong support at $8,110 and $7,900. The price fell from $8,170.75 to $8,122.85 this Tuesday. After a second straight bearish day wherein the price of BTC/USD dropped from $8,170.75 to $8,122.85, the bulls have started the recovery process in the early hours of Wednesday. Currently, BTC/USD is trading for $8,129.30. The confluence detector shows that there are three resistance levels on the upside at $8,150, $8,190 and $8,375. On the downside, support lies at $8,110 and $7,900. BTC/USD daily confluence detector $8,150 has the 4-hour previous high, 15-min Bollinger Band upper curve and one-day Bollinger Band lower curve,… 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.
