BTC/USD went down from $10,770 to $10,690 in the early hours of Wednesday. Price has a healthy support level at $10,670. The bears have continued their stranglehold this Wednesday following a bearish Tuesday. This Tuesday, the price fell from $10,920 to $10,750 and now it has fallen further to $10,690. The daily confluence detector shows that if the bulls take over, they will need to overcome two healthy resistance levels at $10,770 and $10,800. There is a visibly strong level at $10,670 which will provide the bulls with some much-needed support. BTC/USD daily confluence detector The $10,770 resistance has the 5-day simple moving average (SMA 5), SMA 10 and 15-min Bollinger band middle curve, while the $10,800 resistance has SMA 50 curve. On the downside, the $10,670 support sees the confluence of the 4-hour previous low, 15-min Bollinger band lower curve, 1-month Fibonacci 38.2% retracement level, 1-day Fibonacci 23.6% retracement level and 15-min previous low. 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 Canadian CPI to drop sharply in July – Scotiabank FX Street 4 years BTC/USD went down from $10,770 to $10,690 in the early hours of Wednesday. Price has a healthy support level at $10,670. The bears have continued their stranglehold this Wednesday following a bearish Tuesday. This Tuesday, the price fell from $10,920 to $10,750 and now it has fallen further to $10,690. The daily confluence detector shows that if the bulls take over, they will need to overcome two healthy resistance levels at $10,770 and $10,800. There is a visibly strong level at $10,670 which will provide the bulls with some much-needed support. BTC/USD daily confluence detector The $10,770 resistance has the… 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.
