BTCUSD $9,000 key resistance
Bitcoin is trading above its key 200-day moving average on Tuesday, although the cryptocurrency still closed the month of September heavily into the red. Any sustained moves above the $8,300 level are likely to find strong technical resistance from the $9,000 technical region. Overall, BTCUSD bulls need to hold the pair back above the $8,300 level to shift the intraday sentiment towards the pair and encourage short-term traders to turn more bullish.
• The BTCUSD pair is only bullish while trading above the $8,300 level, key resistance is located at the $9,000 and $9,600 levels.
• If the BTCUSD pair trades under the $8,300 level, sellers may test towards the $7,500 and $7,100 support levels.
• The BTCUSD pair is only bullish while trading above the $8,300 level, key resistance is located at the $9,000 and $9,600 levels.
• If the BTCUSD pair trades under the $8,300 level, sellers may test towards the $7,500 and $7,100 support levels.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.