FXCM

Further push up on BTCUSD! | 3rd Aug 2020

Long
FX:BTCUSD   Bitcoin / U.S. Dollar
90 views
79
Today we will take a good look at BTCUSD and what possible key levels to look out for. Right from the long term, down to the short term!
I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the BTCUSD!

Let me know your thoughts and what other pairs you'd like me to take a look at next!

Cheers!

Entry:10927.00
SL:10462.72
TP:12040.20
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Comments

Good Analysis!
Reply
FXCM Marcusll
@Marcusll, Thank you!
Reply
At 1:48 you mention a short term pause to reset support of 10500, this has already happened on all major exchanges.
Reply
FXCM kylerhaged
@kylerhaged, Sorry, i haven't seen that happened yet. The chart still shows price at the 11k region. Could you share what timeframe you were looking at?
Reply
@FXCM, Like I said all major exchanges hit 12k-12.2 on Aug 2, then dipped down to 10.5k Biance, Bitmex, BitFlyer. Thou I think I know why now, trading is closed on the weekend.
Reply
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