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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Trend Analysis Harmonic Patterns Chart Patterns BTCUSD BTC USD

trendanalysis harmonicpatterns chartpattern btcusd btc usd

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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