Main Quotes Calendar Forum
flag

FX.co ★ BTC analysis for August 14,.2020 - Potential for the another downside leg towards the $11.140

parent
Crypto Analysis:::2020-08-14T14:45:41

BTC analysis for August 14,.2020 - Potential for the another downside leg towards the $11.140

As I discussed in the previous review, the BTC is in sideways mode and still inside of the range from 3-days ago.

Further Development

BTC analysis for August 14,.2020 - Potential for the another downside leg towards the $11.140

Analyzing the current trading chart on BTC, I found that there is potential for the downside rotation towards the support at $11,120 or even $10,580.

There is the breakout of the rising channel (slope) in the background, which is good indication for the further downside movement.

Key Levels:

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...