FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro -Major European Indices 
FxWirePro: GBP/USD dips after US CPI data, key support level in focus 
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage 
FxWirePro: GBP/AUD under pressure , knocking on door of key support 
Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500 
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias 
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally 
FxWirePro: AUD/USD softens slightly, but remains bid overall 
FxWirePro- Woodies Pivot(Major) 
BTCUSD has been consolidating in a narrow range between $70937 and $66557 for the past three days. It hits an low of $66557 yesterday and is currently trading around $67621.
|
Technicals |
CMP -$67621 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$69029 |
CMP < 55 EMA |
Bearish |
|
200- EMA |
$76641 |
CMP < 200- EMA |
Bearish |
|
365- EMA |
$81935 |
CMP < 365 EMA |
Bearish |
Major support- $64000/$60000/$52500/$50000. Minor bullishness only above $72500.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-44.74 |
|
ADX |
Neutral |
|
It is good to sell on rallies around $70000 with SL around $72280 for a TP of $65000/$64000.
