Bitcoin price is nursing nominal losses on Tuesday of just over 0.70%.
- BTC/USD has continued to range trade, similarly to Monday’s session.
- A broadening wedge pattern is observed on the 30-minute chart.
BTC/USD 30-minute chart
Spot rate: 6206.9
Relative change: -0.70%
High: 6280.8
Low: 6162.1
Trend: Bearish/Neutral
Support 1: 6165.0, 100MA.
Support 2: 6073.3, (support on 30-minute chart).
Support 3: 5831.3, demand zone entry.
Resistance 1: 6230.0, 50MA.
Resistance 2: 6373.4, upper trend line of wedge pattern.
Resistance 3: 6500.0, (resistance on 30-minute chart).
Share
