23.10.202013:37 Forex Analysis & Reviews: BTC analysis for October 23,.2020 - Symmetrical triangle in creation. Watch for the breakout to confirm further direction

Further Development

Exchange Rates 23.10.2020 analysis

Analyzing the current trading chart of BTC, I found that there is consolidation and the symmetrical triangle in creation based on the 1H time-frame.

Stochastic just came out from oversold zone and there is the fresh bull cross, which is another sign for the fuhrer rise....

Key Levels:

Resistances: $13,190

Support levels: $12,850

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Petar Jacimovic,
Analytical expert
InstaForex Group © 2007-2020
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