FX.co - BTC analysis for August 10,.2020 - Upside target from last week reached at the price of $12.100. Another sideways base in creation and potential for the breakout

2020-08-10T12:51:49

Relevance until2020-08-12

BTC analysis for August 10,.2020 - Upside target from last week reached at the price of $12.100. Another sideways base in creation and potential for the breakout

Further Development

BTC analysis for August 10,.2020 - Upside target from last week reached at the price of $12.100. Another sideways base in creation and potential for the breakout

Analyzing the current trading chart, I found that BTC reached our upside objective from last week and tested the level at $12,100

The upside breakout of $12,130 may lead the BTC to test $12,500

The downside breakout of support at $11,400 may lead the BTC to drop towards $10,650

*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 August 10,.2020 - Upside target from last week reached at the price of $12.100. Another sideways base in creation and potential for the breakout

Forex Analysis

BTC analysis for August 10,.2020 - Upside target from last week reached at the price of $12.100. Another sideways base in creation and potential for the breakout