FX.co - BTC analysis for August 25,.2020 - Inside days pattern and potential for the breakout

2020-08-25T12:00:12

Relevance until2020-08-26

Further Development

BTC analysis for August 25,.2020 - Inside days pattern and potential for the breakout

Analyzing the current trading chart of the BTC, I found that both buyers and sellers are in balance.

The current chart of BTC is showing indecision and potential for the breakout of the range.

To confirm the breakout I would like to see close above the resistance or below support level.

Key Levels:

Resistance: $11,900

*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 25,.2020 - Inside days pattern and potential for the breakout