Forex Analysis & Reviews: BTC analysis for November 25,.2020 – First downside target reached at $18.650 but potential for another re-test of that level due to upside exhaution
Forex Analysis & Reviews: BTC analysis for November 25,.2020 – First downside target reached at $18.650 but potential for another re-test of that level due to upside exhaution
Forex Analysis & Reviews: BTC analysis for November 25,.2020 – First downside target reached at $18.650 but potential for another re-test of that level due to upside exhaution .
Relevance up to 19:00 2020-11-26 UTC+7
Further Development
Analyzing the current trading chart of Bitcoin, I found that BTC tested and rejected our first target from yesterday at $18,630.
I still see potential for the downside movement due to test and reject of resistance at $19,390.
Watch for selling opportunities on the rallies using the intraday chart…
The downside target at the price of $18,650
Stochastic oscillator is in overbought zone, which is another sign of weakness.
Key Levels:
Resistance: $19,390
Support level: $18,650
*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.
Petar Jacimovic,
Chuyên gia phân tích
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