FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
BTC/USD chart - Trading View
Exchange - Bifinex
Support: 5201 (5-DMA); Resistance: 5488 (Apr 10 high)
Technical Analysis: Bias Slightly bullish
- BTC/USD extends marginal gains above 5-DMA, trades 0.75% higher at 5294 at 0940 GMT
- GMMA indicator shows short-term averages are above longer-term averages and edging higher
- Price action has edged above daily cloud and 200-DMA. However, technical indicators do not support upside for now.
- Also Doji formation on previous week's candle keeps scope for downside.
- Immediate resistance is seen at 5370 (trendline), break above targets 5501 (50% Fib)
- Retrace below 200-DMA negates the bullish bias
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
- 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.
Crypto Technicals: BTC/USD extends marginal gains above 5-DMA, bias neutral
Thursday, April 18, 2019 9:49 AM UTC
Editor's Picks
- Market Data
Most Popular
