Main Quotes Calendar Forum
flag

FX.co ★ BTC analysis for August 17,.2020 - Key pivot at the price of $11.950 on the test

parent
Crypto Analysis:::2020-08-17T11:22:14

BTC analysis for August 17,.2020 - Key pivot at the price of $11.950 on the test

Further Development

BTC analysis for August 17,.2020 - Key pivot at the price of $11.950 on the test

Analyzing the current trading chart of BTC, I found that BTC is testing the key pivot resistance at the price of $11,950 and you should watch carefully that level for the further directional play.

Rejection of the pivot resistance at $11,950 can represent opportunity for downside rotation towards the $11,600

The breakout with strong momentum of $11,950 can represent potential for further upside movement towards $12,300

Key Pivot level is set at $1,950-$12,000

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...