Home BTC/USD Technical Analysis – Some heavy buyers just joined the party
Crypto News

BTC/USD Technical Analysis – Some heavy buyers just joined the party

FX Street
Updated:
  • The high of the session is still 10,953.00 on the daily chart
  • Markets made a push past the 10,775.00 intraday resistance
  • BTC/USD makes a late push for the key daily resistance levels

BTC USD intraday chart

BTC/USD just punched higher after a key intraday resitance level was broken with some heavy volume.

The next target on the upside is now 10,850.00. With the session high at 10,953.00.

The RSI indicator broke through a trendline and moved into oversold territory as the moved really kicked in as in the last hour 383 thousand contracts traded accorfing to  Coinbase volume statsistics.  

 

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.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2024