Bitcoin September, 02 2020
Overview:
The above chart shows that the pair is trading above a strong support level around 11100, which enhances the bullish chances during today's trading
Expected:
Continuing trading above the aforementioned support level, may push the pair to rise to 11500
Alternative Scenario:
On the other hand, we think that if the 11100 level is broken down, it might push the pair down to 10900
Resistance | 11500 | 11800 | 12000 |
Support | 11100 | 10900 | 10780 |
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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