BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7762 (Oct 7 low); Resistance: 8249 (20-DMA)
Technical Analysis: Bias turning bearish
BTC/USD has slipped below 20-DMA, intraday bias is turning bearish.
The pair was trading in an extremely tight range in the Asian session.
Technical indicators have turned slightly bearish. Stochs are sharply lower and RSI is below 50, bias lower.
Price action has been extending grind lower in a sloping channel pattern and failure at 20-DMA has raised scope for weakness.
Stochastics RSI is on verge of rollover from oversold levels. Dip till 61.8% Fib at 7231 likely.
That said, volatility is low, which could limit drastic moves on either sides.
20-DMA is now resistance at 8249. Break above 200-DMA required for bearish invalidation.


FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR bears maintain upper hand 



