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EURMXN Close to an Oversold Status
September 15, 2020
USDMXN Reached Its Lowest Level Since March
September 16, 2020

BTCUSD Breaks Resistance

Published by TradersColo at September 15, 2020
Categories
  • cryptocurrency
Tags
  • btcusd
  • chart patterns
  • technical indicators
  • trend analysis
btcusd daily chart

BTCUSD CHART PRICE – BTCUSD DAILY

Bitcoin managed to break the resistance at 10,639 in the previous trading session, today, it’s getting close to touching the same level that is now a support, since we are in an uptrend, the bollinger bands are wide but closing up a bit, the price is currently under the short term moving average and there is no clear path of what the cryptocurrency could do next, however is important to monitor the pair to be able to catch a good opportunity early, the relative strength index is at 47%, it dropped 2% from its highest level since the beginning of the month.

This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.

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