Crypto markets start to push higher as the Asian session opens

As the US session draws to a close BTC/USD is pushing higher to test 10,400.00 in the latest move
Trading in the EU/US session was very tight today as market sentiment remained subdued follwoing heavy losses yesterday
Volume ticked higher than it has been all day and the most of the major pairs are turning green

Rajan Dhall, MSTA FX Daily

In a lackluster session the previous wave highs in BTC/USD are being tested as some buying volume comes in as the US session closes. Prices have been slowly drifting higher after crashing through 10,000.00 yesterday. If the price closes positive candlestick analysts would be pleased with the bullish hammer candle that would be formed on the UK timezone close. The next major resistance on the upside is at 10,939.00

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

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