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XBTUSD News

(4 votes)


Last Updated Date: 26 August 2021 @ 6:49 AM (UTC)
*Please note that all the dates are in GMT time zone

Today’s drop leaves a failed test up around the 49893 resistance and signals a turn back to short term bear trending action. Trade is poised for selloffs and close under 46759 implies a bear wave to 42251. Any corrective congestion in the lower half of yesterday’s downturn should bear flag a setup for selloffs. A close over 50562 is needed to reject yesterday’s downturn.
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