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FX.co ★ BTC analysis for October 12,.2020 - Strong breakout of symmetrical triangle in the background and potential for test of $12.000

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Crypto Analysis:::2020-10-12T11:04:03

BTC analysis for October 12,.2020 - Strong breakout of symmetrical triangle in the background and potential for test of $12.000

Further Development

BTC analysis for October 12,.2020 - Strong breakout of symmetrical triangle in the background and potential for test of $12.000

Analyzing the current trading chart of BTC, I found that my previous analaysis is progressing good since the breakout of the symmetrical triangle last week.

Key pivot support is set at 1,1785

Key Levels:

Resistance: $12,068, $12,465

Support level: $11,100

Analyst InstaForex
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