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FX.co ★ BTC analysis for July 31,.2020 - Watch for the potential breakout of the symmetrical triangle pattern to confirm further direction

BTC analysis for July 31,.2020 - Watch for the potential breakout of the symmetrical triangle pattern to confirm further direction

BTC analysis for July 31,.2020 - Watch for the potential breakout of the symmetrical triangle pattern to confirm further direction

Analyzing the current trading chart on the 4H time-frame, I found that there is symmetrical triangle chart formation in creation, which is sign that BTC is in period of contraction and that breakout should happen in next period.

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