FX.co ★ BTC analysis for August 18,.2020 - Broken multi day balance to the upside. Buying opportunities preferable towards the $12.475 and $12.800

Further Development

Analyzing the current trading chart of BTC, I found that the buyers kicked in with strong momentum to the upside. Which is indication that BTC exited from the contraction of most recent few days.

Key Levels:

Resistance: $12,475 and $12,800

Support level: $12,000