• The BTC/USD pair recently tested a price objective of 21419.37, representing selling pressure around the 24262.18 and 23451.01 levels.
• Upside price objectives related to buying pressure include the 25455, 25774, 27609, and 28004 levels.
• Technical support levels and areas of potential buying pressure are around the 21230, 20294, 19861, 19357, and 18822 levels.
Price Activity
Bitcoin (BTC/USD) recently traded as low as the 21454.67 level, representing a test of the 21419.37 price objective that is associated with selling pressure around the 24262.18 and 23451.01 levels. Traders lifted BTC/USD as high as the 22091.88 level before selling pressure resumed again following buying activity around 22832.44 area..
Upside Price Objectives
Upside price objectives related to buying pressure include:
- 25455
- 25774
- 27609
- 28004
Downside Price Objectives
Downside price objectives related to selling pressure include:
- 20982.96
- 2020906
- 19251.53
Technical support levels and areas of potential buying pressure are around:
- < li >21230 < li >20294 < li >19861.< l i >19357.< l i >18822.< / u l >
Stops are cited below 18199 , 18024 , 17537 , and 17343 levels .
< h 2 >Technical Resistance Levels< / h 2 >
Technically significant areas include :
< ul >< li >15900.< / li >< li& gt ;15512.< / li & gt ;< l i & gt ;15313.< / l i & gt ;< l