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FX.co ★ BTC analysis for September 04,.2020 - Both downside targets reached with potentia for another downside cycle

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Crypto Analysis:::2020-09-04T11:40:10

BTC analysis for September 04,.2020 - Both downside targets reached with potentia for another downside cycle

Further Development

BTC analysis for September 04,.2020 - Both downside targets reached with potentia for another downside cycle

Analyzing the current trading chart of the BTC, I found that BTC reached both our yesterday's target at $10,650 and $9,900 and it found support at second target also Fibonacci expansion 161.8%

Key Levels:

Resistance: $10,650 and $11,140

Support level: $9,905 and $8,9

Analyst InstaForex
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