FX.co - BTC analysis for August 24,.2020 - Inside days pattern and potential for the breakout

2020-08-24T11:43:26

Relevance until2020-08-25

As I discussed in the previous review, the BTC got inside days pattern, which is sign of the contraction.

Further Development

Analyzing the current trading chart of BTC, I found that there is equilibrium on the market potential for the breakout in next period.

Key Levels:

Resistance: $11,900

Support level: $11,600

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

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for August 24,.2020 - Inside days pattern and potential for the breakout