BTCUSD is approaching support, potential bounce | 31 Dec 2020

Name: BTCUSD is approaching support, potential bounce | 31 Dec 2020
Uploaded: 2020-12-30T22:31:24.367251
Channel: FXCM
Description: Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

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Bitcoin (FX:BTCUSD)

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Trend Analysis Harmonic Patterns Chart Patterns BTCUSD BTC USD

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Price is approaching our first support in line with our ascending trend line where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.

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BTCUSD is approaching support, potential bounce | 31 Dec 2020

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