FX.co ★ BTC analysis for October 13,.2020 - Strong progress on our long position from few days ago and potential for test of $12.000

Further Development

Analyzing the current trading chart of BTC. I found that our analysis from yesterday is doing good progress and that the upside breakout from symmetrical triangle was the main reason for the current rise.

I would advice you to still watch for buying opportunities on the dips with targets at $12,000 and $12,400.

The strong momentum kicked in and and the condition is very bullish....

Key Levels:

Resistance levels: $12,070 and $12,450

Support level: $11,400