FX.co - BTC analysis for Jully 14,.2020 - Breakout of the 3-day balance and symmetrical triangle in the background. Potential for the bigger drop towareds the $8.000

2020-07-14T11:27:19

Relevance until2020-07-16

BTC analysis for Jully 14,.2020 - Breakout of the 3-day balance and symmetrical triangle in the background. Potential for the bigger drop towareds the $8.000

Technical analysis:

BTC analysis for Jully 14,.2020 - Breakout of the 3-day balance and symmetrical triangle in the background. Potential for the bigger drop towareds the $8.000

Trading recommendation:

I found the breakout of the symmetrical triangle on the daily time-frame, which is very good sign for further downside movment.

Watch for selling opportunities with the targets at $8,150 and $7,450.

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

#Crypto-currencies #Bitcoin #BTCUSD

Analytical expert

Petar Jacimovic

InstaFintech Group @ 2007-2024

FX.co ★ BTC analysis for Jully 14,.2020 - Breakout of the 3-day balance and symmetrical triangle in the background. Potential for the bigger drop towareds the $8.000

Forex Analysis

BTC analysis for Jully 14,.2020 - Breakout of the 3-day balance and symmetrical triangle in the background. Potential for the bigger drop towareds the $8.000