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BTCUSD Rebounds Strongly But 200-SMA Caps Upside
BTCUSD (Bitcoin) broke aggressively above its rangebound pattern on Tuesday, temporarily jumping above the 28,000 mark. However, the bulls lost the battle around the 200-day simple moving average (SMA), with the price slipping before entering a tight range in the last couple of sessions. The momentum indicators currently suggest that near-term risks remain tilted to the […] The post BTCUSD Rebounds Strongly But 200-SMA Caps Upside appeared first on Action Forex...
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Posted: Aug 31 2023, 14:12
Author Name: actionforex
Views: 111686