FxWirePro: BTC/USD trades in narrow range, good to sell on rallies
BTC/USD is seen trading in a narrow range below on Thursday. The pair is trading in a narrow range between $665 and $645 levels (BITSTAMP). It is currently trading at $653 at the time of writing. Ichimoku analysis of dai…
BTC/USD is seen trading in a narrow range below on Thursday. The pair is trading in a narrow range between $665 and $645 levels (BITSTAMP). It is currently trading at $653 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: $660.40
Kijun-Sen level: $655.24
Trend reversal level - (90 EMA)-$596
Long-term trend remains to be bullish. BTC/USD faces strong resistance at $665. So a slight bullishness can be seen only above that level.
Major resistance is around $665 (Jul 24th high) and any break above targets $685 (Jun25th high)/ $705 (Jul 2nd high). Short term support is seen at $645 (Jul 22nd low) and any violation below will drag the pair till $630 (55 day EMA)/$605 (Jul 7th low).
Coinglass measured Ether options open interest at $5.81 billion, up 0.1% from the previous day, with calls representing most of both open interest and trading volume.
Customers can select a crypto asset and wallet; AEON says it handles conversion and starts a local transfer. The company has not named merchants using the Chile feature.
