Midday update for bitcoin 20-08-2019
Economies.com
2019-08-20 09:42AM UTC
Bitcoin price traded negatively this morning to test the critical support at 10600.00, as we mentioned this morning, the price needs to settle above this level to keep the bullish trend scenario valid for today, supported by stochastic head to the oversold levels, waiting for bouncing higher to head towards 11342.00 level that represents our initial positive target.
The expected trading range for today is between 10500.00 support and 11340.00 resistance
The expected trend for today: Bullish
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