Technical analysis Bitcoin. BTC-USD on July 30, 2018

July 30, 2018


The market holds near the resistance 8200 that it still cannot break. On the short term and middle term perspective, the situation looks tense and we still can pull back to the downtrend support. If to look at 1-month timeframe chart we can see the strong green candlestick, which indicates the bullish engulfing and is a good sign.

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