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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

Bitcoin September, 02 2020

Technical Analysis
Wednesday, September 02, 2020 - 14:36
Point Trader Group
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


 

Resistance115001180012000
Support111001090010780

*Risk Disclaimer: 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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