Bitcoin price confirms the breach – Analysis - 20-08-2019
Economies.com
2019-08-20 05:05AM UTC
Bitcoin price confirmed breaching 10600.00 level after ending yesterday’s trading above it, to head towards achieving an expected rise in the upcoming period, in its way to test 11342.00 level as a next positive target.
Therefore, the bullish trend will be preferred on the intraday and short term basis, supported by moving above the EMA50, pointing that holding above 10600.00 represents an important condition for the continuation of the expected rise.
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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