Technical analysis Bitcoin. BTC-USD on August 01, 2018

August 2, 2018


As we mentioned earlier, after the triangle breakout the fall would follow. The price is close to the strong support zone 7500-7400 from which we can get an impulsive bounce. Now the market can go test the resistance near 7800-8000. The consolidation in the resistance zone will give us the possibility to form one more impulse to continue the bullish trend.

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