The pair has been bearish in the H4 chart. The chart shows that the price has enough space to travel towards the South. It may find its next support around 0.86000.
The pair has been trapped within a range in the H4 chart. The level of 0.86150 has been working as the level of support and 0.86600 has been working as the level of resistance. A breakout at the either side may make the pair move with good momentum.
The pair has been choppy in the H4 chart after being bearish for some days. The level of 0.85700 has been working as a level of support. The sellers may wait for the price to make a bearish breakout at the level to go short.
16.5K seems to be working as a strong level of support in Bitcoin. The price had several bounces at the level in the H4 chart. The buyers may keep their eyes in the pair to go long and push the price towards the North.
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