View full page at cryptocraft.com

 

BTC/USD bulls take back control and will need to overcome resistance at $6,960 to go past the $7,000 level

From fxstreet.com

BTC/USD fell from $6,780 to $6,691.75 this Wednesday. On the downside, there are two healthy support levels at $6,725 and $6,685. Key Levels Current Price: $6,714 High: 6,795 Low: $6,691.66 R3: $7,475.01 R2: $7,229.40 R1: $6,960.39 PP: $6,714.78 S1: $6,445.77 S2: $6,200.17 S3: $5,931.15 BTC/USD went up from $6,691.75 to $6,714 as bulls took back control. The buyers will need to overcome resistance at $6,960 to go past the $7,000-level. This level has the Previous Week high. On the downside, there are two healthy support levels at $6,725 and $6,685. The former has the SMA 10, one-hour and 4-hour Previous Highs, while ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis