Technical analysis Bitcoin. BTC-USD August 27, 2018

August 28, 2018


The market continues to follow the scenario we have mentioned earlier. We are still at the strong resistance and we have more chances to go down. The price remains inside of the triangle, its upper edge can be broken, but most likely it will be the false breakout with the further fall (bull trap). The local resistance that has been formed is very difficult to overcome and to consolidate above it.

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