# Crypto Technicals: BTC/USD extends range trade between major moving averages, bias neutral

By Anupama Grandhi

Canonical URL: https://www.tokenpost.com/news/investing/4059
Published: 2019-11-07T06:03:35.000Z
Updated: 2019-11-07T06:03:35.000Z
Section: Investing

> Support: 9169.23 (200-DMA); Resistance: 9584.38 (100-DMA)

[BTC/USD](<https://www.tradingview.com/symbols/BTCUSD/>) chart - Trading View

Exchange - Coinbase

Support: 9169.23 (200-DMA); Resistance: 9584.38 (100-DMA)

Technical Analysis: Bias neutral

BTC/USD is extending sideways grind, trades directionless around 5-DMA.

Price action remains capped between major moving averages and breakout required for clear directional bias.

'Death Cross' keeps scope for weakness in the pair. 200-DMA is major support at 9169. Break below will see downside.

Major trend remains bearish and Stochastics RSI is showing a rollover from overbought levels.

Break below 200-DMA will see dip till 50-DMA at 8658.91. Bearish invalidation above 9690 (Channel top).

[TokenPost](<https://www.tokenpost.com/>) | info@tokenpost.com

## Links in this article

- [BTC/USD](https://www.tradingview.com/symbols/BTCUSD/)
- [TokenPost](https://www.tokenpost.com)