BTC analysis for July 16,.2020 – Fake breakout of resistance and potential drop towards the $7.800 on the way

Technical analysis: BTC has been trading downwards. As I expected, the market is trading lower and aproaching the key support level at $8,900. I see potential for the bigger drop in case of the downside breakout towards the $7,800 Trading recommendation: Watch for potential selling opporutnities in case of the downside breakout of support at […]