Technical analysis Bitcoin. BTC-USD August 19, 2018

August 20, 2018


In 1 hour timeframe the triangle has formed. If the asset breaks the pattern through its bottom edge, the support at 6235 meets us. The breakout of the triangle through its upper edge will give the market a possibility to move higher. Also, we can notice the formation of the reversal H&S pattern. If the scenario of this pattern is confirmed, we will have a possibility to move to 6625 level.

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