BTCUSD is facing bearish pressure | 20 August 2020 Short

Bitcoin/U.S. DollarFXCM

Description

⋅ Aug 20, 2020 2:40 AM

Price is facing bearish pressure from our trend line where we could see a further drop below this level.

Comments

Cryptonerd1

⋅ Aug 20, 2020 10:51 PM

Great analysis! I believe we will see levels as low as 9500-9100 very quickly before we smash 20k

jdamm

⋅ Aug 20, 2020 8:13 PM

I believe this is still in play even though it went off your trend, next daily bar is a down day. I predict 11200 area.

MartyBoots

⋅ Aug 20, 2020 1:03 PM

Bitcoin Can Explode Higher - Be Prepared + Make Money

jdamm

⋅ Aug 20, 2020 9:21 PM

@MartyBoots, Lovely graph, thanks for the analysis.

MartyBoots

⋅ Aug 20, 2020 1:03 PM

Great ide