BTC/USD chart - Trading View
Exchange - Coinbase
Support: 7331 (200H MA); Resistance: 7500 (5-DMA)
Technical Analysis: Bias Bearish
BTC/USD was trading 0.68% lower at 7353 at 04:40 GMT, intraday bias is bearish.
The pair is extending weakness for the 3rd consecutive session, scope for further downside.
Recovery attempts in the pair have been capped at 21-EMA, price has slipped below 5-DMA.
Major trend has been bearish and rejection at 21-EMA will likely see downside resumption.
The pair is currently holding support at 200H MA at 7331, break below will see weakness.
Technical studies support downside. MACD failed to make the bullish crossover on signal line.
5-DMA, Stochs and RSI are all biased lower on the daily charts. Stochastics RSI is on verge of rollover from overbought levels.
Break below 200H MA will see dip till 110W EMA at 6889 ahead of channel base at 6100.


JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro- Major Crypto levels and bias summary
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro: GBP/USD hits one-month high, scope for further upside
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum but still bearish 



