BTC/EUR: Broken out of first triangle and testing resistance

in #bitcoin • 6 years ago

The new stable coin known as Bitcoin is looking notably better on the BTC:EUR chart than the BTC:USD chart today. The 12hr RSI is currently at 59, just below bullish, compared to that has fallen to 53. Low volatility is changing the times.

Currently bullish on a close above €5,800, but if selling on the USD pair continues then the EUR pair with fall towards support in the rising channel, similarly to BTC:USD.

See chart: BTC/EUR: Broken out of first triangle and testing resistance

btceur.png

#euro #btceur #crypto #cryptocurrency
6 years ago in #bitcoin by
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