FX.co - BTC analysis for Jully 13,.2020 - Fake breakout of the trading range and potential for bigger drop towards the $7.800

2020-07-13T10:15:51

Relevance until2020-07-15

Technical analysis:

BTC analysis for Jully 13,.2020 - Fake breakout of the trading range and potential for bigger drop towards the $7.800

Trading recommendation:

Watch for potential selling opportunities on the BTC due to fake breakout of the trading range and the supply trendline in the background.

Downward targets are set at the price of $8,900 and $7,800.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for Jully 13,.2020 - Fake breakout of the trading range and potential for bigger drop towards the $7.800