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FX.co ★ BTC analysis for August 19,.2020 - Completion of the ABC downside correction and potential for the upside continuation

BTC analysis for August 19,.2020 - Completion of the ABC downside correction and potential for the upside continuation

Further Development

BTC analysis for August 19,.2020 - Completion of the ABC downside correction and potential for the upside continuation

Analyzing the current trading chart of BTC, I found that there is potential completion of the downside correction ABC and continuation of the uptrend.

Key Levels:

Key pivot support level is set: $11,600

Resistance levels: $12,085 and $12,180

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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