Technical analysis Bitcoin. BTC-USD on July 20, 2018

July 21, 2018

#BTC

On 1 day timeframe we can see that the price, most probably, fall to the support zone 6800-7000 from which it can bounce. If the price follows this scenario, we will be able to see the reverse head and shoulders pattern on the chart. This pattern can push the price test the downtrend line, which serves as a strong resistance.

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