Crypto Technicals: BTC/USD edges higher from session lows at 5656, eyes 6000 mark

BTC/USD chart - Trading View 

Exchange - Coinbase

Support: 5425 (21-EMA); Resistance: 6000 (Psychological mark and trendline)

Technical Analysis: Bias Bullish

- BTC/USD edges higher from session lows at 5656, trades 1.26% higher at 5821 at 1000 GMT

- Price action holds above 5-DMA support at 5748, some weakness likely on close below

- 5-DMA is upward biased and price action has bounced off 21-EMA support

- Technical indicators support upside, momentum with the bulls. Golden Cross keeps scope for upside

- The pair trades in rising wedge pattern and we see scope for wedge top at 6000 mark. Break above could propel the pair higher

- Ocillators are at oversold which might see some pullback. Break below 21-EMA will see dip till 4975 (lower BB and 55-EMA)

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