Bitcoin price analysis: BTC/USD smashed through key near-term support The Bitcoin price in the latter part of the session on Tuesday is nursing losses of just some 2% Price action had been moving within a narrowing range block formation until a breach south came into play. BTC/USD was trading within tight conditions, downside at $8,250, with upside capped at $8,400. Given the fresh near-term wave of selling pressure through the support, it does leave the door open to a further bear attack. EOS/USD technical analysis: The technical pattern has just broken to the downside The pair has broken a bear flag formation that formed on the four-hour chart and is now heading to the base of the formation at 2.588. The psychological 3.000 level has also been broken now and the price is currently holding at 2.939 after finding some support at 2.868 a level used five times in the past as support and resistance. The relative strength index (RSI) has also broken lower and taken out two trendlines in recent times. The indicator has not reached the oversold level which could suggest there is some more downside momentum on the way. Litecoin technical analysis: LTC/USD critical bearish flag breach Litecoin price is trading in the red in the session by some 4.15%. LTC/USD bears are breaking out to the downside from a bearish flag structure. Given the above-detailed breach, the psychological $50 mark is likely in the sights of the bears. 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 EUR/USD technical analysis: Euro rolling into the Asian session above the 1.1000 handle FX Street 4 years Bitcoin price analysis: BTC/USD smashed through key near-term support The Bitcoin price in the latter part of the session on Tuesday is nursing losses of just some 2% Price action had been moving within a narrowing range block formation until a breach south came into play. BTC/USD was trading within tight conditions, downside at $8,250, with upside capped at $8,400. Given the fresh near-term wave of selling pressure through the support, it does leave the door open to a further bear attack. EOS/USD technical analysis: The technical pattern has just broken to the downside The pair has broken a… 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.
