BTC analysis for August 06,.2020 - Upside breakout of the ascending triangle and potential for test of $12.150

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As I discussed in the previous review, the BTC managed to trade higher and break the ascending triangle pivot at $11,450, which is strong sign for further upside continuation.


Further Development
Analyzing the current trading chart, I found that buyers are still in control and there is potential for test of $12,140.

Key Levels:

Resistance: $12,150

Support levels: $11,450



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Performed by Petar Jacimovic
Analytical expert
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