BTC stress tests its 2015-2020 uptrend at 7.7K. ETH tests key level at 180

Name: FS Insight
Price range: $$$

Mar 11, 2020 • 2 Min Read

Author

Cryptocurrencies abruptly u-turned over weekend sending most back to key technical levels as global macro worries intensified. BTC is now testing important support at 7.5-7.7K that needs to hold to keep its longer-term uptrend intact, while ETH is also testing a key level at 180.

BTC – Benefit of the doubt as BTC is oversold short-term at long-term trend support. Last week, we highlighted BTC was likely starting a short-term rebound only to promptly see BTC collapse through the weekend back to key support at its 2015-2020 uptrend and 62% retracement of the 2H 2019 rebound. Given dail...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Already a member?

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In 05a680-5a43c3-e1b1cc-f45b35-9d736a

BTC stress tests its 2015-2020 uptrend at 7.7K. ETH tests key level at 180

Unlock this article with a FREE 30-Day Trial!

Share this chart