- BTC/USD rises to strong resistance comprising 50-day EMA, 38.2% Fibonacci retracement amid bearish MACD.
- 100-day EMA becomes the key support.
Having bounced off 100-day exponential moving average (EMA), the BTC/USD pair struggles to cross near-term important resistance-confluence while taking rounds to 10,385 on early Monday.
While 12-bar moving average convergence and divergence (MACD) indicates a pullback, 10,000 round-figure can offer an intermediate halt ahead of dragging prices back to 100-day EMA level of 9,575.
Given the pair’s fall below 9,575, 11-week old horizontal support around 9,115/9,080 can grab sellers’ attention.
If at all buyers refrain from respecting bearish MACD, a month-long resistance-area between 11,080/120 can lure them.
BTC/USD daily chart
Additional important levels
|Today last price||10395.8|
|Today Daily Change||79.05|
|Today Daily Change %||0.77%|
|Today daily open||10316.75|
|Previous Daily High||10511.67|
|Previous Daily Low||10068.06|
|Previous Weekly High||11583.86|
|Previous Weekly Low||9469.79|
|Previous Monthly High||13195.19|
|Previous Monthly Low||9080.79|
|Daily Fibonacci 38.2%||10342.21|
|Daily Fibonacci 61.8%||10237.52|
|Daily Pivot Point S1||10085.99|
|Daily Pivot Point S2||9855.22|
|Daily Pivot Point S3||9642.38|
|Daily Pivot Point R1||10529.59|
|Daily Pivot Point R2||10742.43|
|Daily Pivot Point R3||10973.2|
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