Forex news and forex forecasts

23/08/2019 18:05

BTC/USD is headed to a major level

BTC/USD is headed to a major level on the 4-hour chart above. The level has been tested in key moves in the past marked by the rectangles on the chart. Indicators are not yet overbought suggesting there is more space for a move higher. Volume has also started creeping up supporting the move as buyers back the price rise. If we see a sustained move higher 11,000 is the next target as the previous wave high stopped there last time out.