The BTC/USD pair broke below the critical support at the 50-day exponential moving average ($35,093) but found support at $30,688.10 near the 38.2% Fibonacci retracement level.
Bitcoin prices have rebounded slightly, following a sell-off from Friday’s high, where BTC/USD broke above $40,000, before facing a wall of resistance formed by the key psychological level...
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🛑SUPPORT/RESISTANCE
✅S1= 5800$
✅S2=4500$
✴️R1=8600$
✴️R2=10,200$
Price rebound from 3800$ to 7200$, currently price keep hit Resistance 7200$ and many time rejected to break resistance. If the price manage to break 7400$ then next level 8400$, 9600$...
GBPUSD looks negative in the near-term, while in the medium-term the picture is seen bearish unless the price breaks above the descending channel, Pound under pressure because of uncertainty in the market of NEW PM.
Once new PM-elect market could relife near term uncertainty and short term GBP bullish but coming months bearish due to Brexit.
Price Holding...
Support Levels:
S-1 = 58
S-2= 55
S-3 =52
Resistance Level:
R-1 =60.50
R-2 =62.25
R-3= 65
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