BTCUSD support and resistance
BTCUSD price action: moving between 75,500.00 and 82,300.00
BTCUSD, 1-hour timeframe chart
General outlook
BTCUSD has been under selling pressure within the last day.
Support levels are now located at 75,500.00 and 70,000.00.
If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.
Now, the resistance level is located at 82,300.00.
The upcoming news will not influence your orders within the mentioned period.
We will publish our next post on support and resistance levels at 1:45 p.m. UTC today. Come back to discover more trading insights.
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