Back to top
  • 링크복사 Copy link
  • 공유 Share
  • 인쇄 Print
  • 글자크기 Font size
URL copied.

Share

x
Investing

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

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.

TokenPost | [email protected]

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Advertising inquiry News tips Press release

Most Popular

1
Ripple CTO Suggests Satoshi Nakamoto May Have Held XRP, Not Just Bitcoin
2
Solana (SOL) Slides 1.45% as Buyers Hold $149 Support Amid Network Growth
3
BitFuFu Boosts Hashrate and Bitcoin Production in Record-Breaking June
4
Murano Global Investments Launches Bitcoin Treasury Strategy Amid Broader Crypto Integration
5
Ripple’s Escrow Strategy Signals Massive XRP Release Over Next 6–10 Years
6
CleanSpark Hits 50 EH/s Milestone, Surpasses Tesla in Bitcoin Holdings
7
Bitcoin Slips as Trump’s Global Tariff Escalation Rattles Markets
8
XRP Breaks Out Above Key Moving Averages, Eyes $2.50 Target
9
Dogecoin Holds Support at $0.17 as Whale Accumulation Surges
10
Tornado Cash Price Rises as U.S. Court Ends Sanctions Lawsuit

Other related articles

Crypto Technicals: BTC/USD capped below 5-DMA, 'Symmetric Triangle' breach to provide clear directional bias

Leading article

Ripple Locks 400M XRP in Escrow Amid Ongoing Token Management Shifts

DOJ Seizes $225M in Crypto from Pig Butchering Scam, Signals Tougher Crypto Crime Crackdown

Dogecoin Eyes Reversal at Key $0.152 Support Level

Ethereum Faces Crucial EMA Squeeze as Breakout or Breakdown Looms

Category article

See more

Toncoin Surges as UAE Offers Golden Visas for $100K Investment

Michael Saylor Challenges Metaplanet to “Fight for Bitcoin” Amid New BTC Buys

CleanSpark Hits 50 EH/s Milestone, Surpasses Tesla in Bitcoin Holdings

BitFuFu Boosts Hashrate and Bitcoin Production in Record-Breaking June

XRP Breaks Past 50 EMA, Signals Bullish Reversal Above $2.28

Coinbase Breaks Out of Inverse H&S Pattern, Eyes $660 Target

Dogecoin Leads Crypto Gains as Tariff Delay and Rate Cut Hopes Boost Market

Satoshi’s Bitcoin Mining Costs Estimated Under $3,700, Says Cardano Founder

Litecoin Whale Activity Hits Record Levels Amid Price Fluctuations

Bitcoin's Road to $120K Stalls as Breakout Falters Below Key Trendline

Comment 0

Comment tips

Great article. Requesting a follow-up. Excellent analysis.

0/1000

Comment tips

Great article. Requesting a follow-up. Excellent analysis.
1