empty
 
 
11.10.2019 04:25 PM
BTC 10.11.2019 - First downward target has been met, more downside yet to come

BTC is trading lower exactly what I expected yesterday. The price did test my first downward target at the level of 8,320. I do expect more downside and potential test of $8,139.

This image is no longer relevant

Red rectangle – Important resistance levels

Green rectangle – Important support levels and objectives

Purple falling line – Expected path

I found strong rejection of the major resistance at the price of 8,747 on the 1H time-frame and I do expect more downside yet to come. My advice is to watch for selling opportunities on the rallies. Watch for potential bear flag on hourly for new selling positions. Downward targets are set at the price of 8,139 and 7,805.

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback