BTCUSD holding nicely above our trend line | 17 Aug 2020

BTCUSD holding nicely above our trend line | 17 Aug 2020 for FX:BTCUSD by FXCM

BTCUSD holding nicely above our trend line | 17 Aug 2020



Price is holding nicely above our trend line , in line with our fibonacci confluence levels where we could see a bounce from here. Ichimoku cloud and 20 period EMA are showing signs of bullish pressure as well.

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