Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K 
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Smashes $93K as Institutions Pile In – $100K Next? 
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600 
BTC/USD is gradually moving up after falling to 670.32 levels on November 03. It is currently trading at 707.29 levels (Bitstamp).
Long-term trend: Bullish
Short-term trend: Bullish
Ichimoku analysis of daily chart:
Tenkan Sen: 707.75
Kijun Sen: 684.66
Trend reversal: 632.21 (90 EMA)
On the upside, it faces major resistance at 745 levels (November 03 high) and a break above would see the pair testing 778.85 (June 18 high)/ 800.00.
On the downside, the pair is trying to hold its strength above the 700 mark. A break below would drag it to 675 (21-day MA) and then to 648 levels (55 EMA).
- News
- Economy
- Central Banks
- Investing
- Research
- Roundups
- Digital Currency
- Insights
- Technical Analysis
- Technology
- Business
- Law
- Health
- Nature
- Fintech
- Science
- Topic
- Opinions
- ©Econometrics LLC . All Rights Reserved.
BTC/USD takes support near 700, jump till 745 likely
Monday, November 7, 2016 7:37 AM UTC
Editor's Picks
- Market Data
Most Popular
