| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Token Unlock Today(ARB)

FxWirePro: NZD/USD downside pressure builds, key support level in focus

Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance

FxWirePro- Woodies Pivot(Major)

FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting

FxWirePro- Key Crypto Updates

FxWirepro- Token Unlock Tomorrow(CHEEL)

ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?

FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data

It looks like whales are buying up a bunch of altcoins this week after moving out of cash while Bitcoin chills out. Some medium-sized tokens are getting the most attention. For example, Aster whales bought another 4.67 million tokens (up 11.6%), Pippin ho

Prysm Falters in Fusaka Upgrade: Bug Triggers Resource Meltdown but Finality Holds

EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900

CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115?

Senate Kicks Crypto Regulation Can to 2026: Uncertainty Lingers

FxWirePro- Major Crypto levels and bias summary

FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments

©Econometrics LLC . All Rights Reserved.

Crypto Technicals: BTC/USD tests 110-EMA, 'Symmetric Triangle' breach raises scope for downside

Thursday, August 29, 2019 4:28 AM UTC

BTC/USD chart - Trading View

Exchange - Coinbase

Support: 9525 (110-EMA); Resistance: 9,999 (5-DMA)

Technical Analysis: Bias Bearish

BTC/USD extends previous session's weakness, trades 1.18% lower on the day at 9589 at 04:20 GMT.

The pair has shown a breach of 'Symmetric Triangle' pattern raising scope for downside.

Price action has slipped below 38.2% Fib. Technical indicators on the intraday charts are biased lower.

110-EMA is strong support (9525), break below eyes next major support at 9108 (28th July low).

5-DMA is immediate resistance at 9999. Breakout above cloud required for bearish invalidation.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

Jimmy Lai Convicted Under Hong Kong National Security Law in Landmark Case

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments

Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Crypto Technicals: BTC/USD tests 110-EMA, 'Symmetric Triangle' breach raises scope for downside

Editor's Picks

Welcome to EconoTimes