BTCUSD is approaching support, potential bounce | 20 Jan 2021

Name: BTCUSD is approaching support, potential bounce | 20 Jan 2021
Uploaded: 2021-01-20T02:10:22.651815
Channel: FXCM
Description: Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.

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Bitcoin (FX:BTCUSD)

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FX:BTCUSD Bitcoin

Trend Analysis Harmonic Patterns Chart Patterns BTCUSD BTC USD

trendanalysis harmonicpatterns chartpattern btcusd btc usd

Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.

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BTCUSD is approaching support, potential bounce | 20 Jan 2021

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