BTCUSD is approaching support, potential bounce | 20 Jan 2021

Name: BTCUSD is approaching support, potential bounce | 20 Jan 2021
Uploaded: 2021-01-20T02:10:22.651815
Channel: FXCM
Description: Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support 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 support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.

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BTCUSD is approaching support, potential bounce | 20 Jan 2021

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