DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

DAILY BTC/USD

Support & Resistance: S1: 60300
From the daily chart, it has formed a pennant chart pattern, when it breaks the chart pattern it indicates the next trend.

H4 BTC/USD

Support & Resistance: S1: 60300
Traders can trade a short position after it breaks below the chart pattern.