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FX.co ★ BTC update for August 14,.2023 - Support at the price of $1.900 on the test

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Forex Analysis:::2023-08-15T06:54:26

BTC update for August 14,.2023 - Support at the price of $1.900 on the test

Technical analysis:

BTC update for August 14,.2023 - Support at the price of $1.900 on the test

Gold has been trading sideways today at the price of $1.904. I see potential rejection or the breakout of the important support level at $1.900

I found that falling wedge is in creation but there we might have rejection or the further downside breakout.

In case of the downside breakout of the support at $1.900 and hold below, I see potential for the further drop towards $1.895

In case of the breakout of the supply trend-line and breakout of the falling wedge pattern, I see potential growth towards $1.921 and $1.929

Analyst InstaForex
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