Bitcoin momentum starts to tail of at 10,200.00 Could prices be heading back to the psychological 10,000.00 level Intraday technical indicators turn south Intraday price action turns south as Asian participants enter the fray. BTC/USD has had a pretty positive session today with prices up 0,13% after yesterday’s capitulation. The next support level on the way down is at 10,050.00 marked on the chart above. Below this 10,000.00 is the next target. Both the stochastic and MACD turn bearish. The Stochastic indicator’s moving averages have both dropped below the mid-line and the K-line has moved into the oversold zone. The MACD histogram has just turned south too but the moving averages are still holding above the mid-line. Another potential target could be the trendline under the price at the moment. The top of the channel has been well respected throughout the day and the parallel could provide support. 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 NZD/USD: On the back foot around multi-year low with eyes on New Zealand retail sales FX Street 4 years Bitcoin momentum starts to tail of at 10,200.00 Could prices be heading back to the psychological 10,000.00 level Intraday technical indicators turn south Intraday price action turns south as Asian participants enter the fray. BTC/USD has had a pretty positive session today with prices up 0,13% after yesterday's capitulation. The next support level on the way down is at 10,050.00 marked on the chart above. Below this 10,000.00 is the next target. Both the stochastic and MACD turn bearish. The Stochastic indicator's moving averages have both dropped below the mid-line and the K-line has moved into the oversold… 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.
