30.10.202017:16 Forex Analysis & Reviews: BTC analysis for October 30,.2020 - Inside day pattern active and potential for the breakout.

Further Development

Exchange Rates 30.10.2020 analysis

Analyzing the current trading chart of BTC, I found that BTC is still trading in sideways mode and the breakout of the balance would confirm further direction.

The breakout of balance resistance at $13,900 will confirm test of $14,900

The breakout of the balance support at $12,700 will confirm test of $12,100

Watch for the breakout to confirm further direction

The overall trend is still bullish...

Key Levels:

Resistance: $$13,900

Support level: $12,700

*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
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
Can't speak right now?
Ask your question in the chat.