Hello Sophisticated Trader,
Last few weeks $BTCUSD showed an indication of testing 10,000 level, which it did for a moment. However, this week the pair is looking to break trend line. A break and hold here would indicate a possible retest of the $8,000 level or lower. It’s also possible that the reemergence of the coronavirus potentially will have an impact on BTCUSD. This indicate that while below the trend line this pair should be sold.
Remember to buy on support and sell on resistance.
Minimize your risk and Maximize your profits.
Like, Comment, and Follow.
Let’s Make Money Together!
Happy Trading!
Dr. Lydia Smith
Where we teach you what you need to know about trading.
English