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FX.co ★ Bitcoin analysis for September 20, 2018

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Crypto Analysis:::2018-09-20T14:49:27

Bitcoin analysis for September 20, 2018

Bitcoin analysis for September 20, 2018

Trading recommendations:

According to the H1 time - frame, I found that price rejected from the supply trendline in the background, which is a sign that buying looks risky around the level of $6.450. I also found an intraday support trendline and my advice is to watch for a breakout fo confirm a further downward movement. The downawrd target is set at the price of $6.084.

Support/Resistance

Major resistance - $6.450

Major support - $6.084.

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Analyst InstaForex
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