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CAESAR_FX
Aug 10, 2020 10:00 AM

BTCUSD SHORT Short

Bitcoin/U.S. DollarFXCM

Description

From the daily chart, we can see price movement towards $12,000
Will, there be a rebound from this price area or will there be a breakthrough???
I think price will rebound from this level because Price has always made a rebound from the past when it gets to this point. The price might go further above $12000 but it will not go further than $12600
So we should be expecting a change in trend direction.

Comment or DM if you have any suggestions or ideas.......
Comments
balaram24
good
CAESAR_FX
@balaram24, Thank you Balaram
Subrato-Nandi
nice👍
CAESAR_FX
@Subrato-Nandi, Thank you Subrato
FreeSignalsUK
Nice setup! i am also short bias if you check out my latest chart :)
CAESAR_FX
@FreeSignalsUK, Glad we have same analysis idea
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