ETHUSD Falls After New High in 2 Years
September 2, 2020
EURMXN on a Downtrend
September 3, 2020
BTCUSD CHART PRICE – BTCUSD DAILY
Bitcoin had its biggest lost in a month, it fell 4.43% in the previous session and it continues to plunge today, at some point yesterday the cryptocurrency lost $790 USD and almost made it to the new support level but it was able to recover part of that loss before the session ended, we see that the Relative strength index is currently at 47% which is a very hard level since it could continue its immersion or it could start gaining momentum to recover those losses, the bollinger bands are opening up which means that the downtrend could continue to its new support at $11,067, the moving averages are very close to a cross that could indicate a downtrend.
This post does not provide Financial Advice for traders, its merely purpose is education, use all the information available from different Analysts and build your own strategy, trading is not for everyone, you should only trade with money you can afford to lose, past performance is not an indicator of future results.
