20.11.202015:03 Análise de Forex: BTC analysis for November 20.2020 - Upside target reached but potential for the downside rotation towards $17.500

Further Development

Exchange Rates 20.11.2020 analysis

Analyzing the current trading chart of BTC, I found that the BTC reached my upside breakout target at $18,400. Anyway, I see in last few hours that BTC is trading sideways and I woudl watch for potential breakout to confirm further downside movement.

Key Levels:

Resistance: $18,400

Support level: $17,750 and $17,38

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Petar Jacimovic,
Especialista em análise
do Grupo InstaForex © 2007-2020
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