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FX.co ★ BTC analysis for October 23,.2020 - Symmetrical triangle in creation. Watch for the breakout to confirm further direction

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Crypto Analysis:::2020-10-23T11:37:46

BTC analysis for October 23,.2020 - Symmetrical triangle in creation. Watch for the breakout to confirm further direction

Further Development

BTC analysis for October 23,.2020 - Symmetrical triangle in creation. Watch for the breakout to confirm further direction

Analyzing the current trading chart of BTC, I found that there is consolidation and the symmetrical triangle in creation based on the 1H time-frame.

Stochastic just came out from oversold zone and there is the fresh bull cross, which is another sign for the fuhrer rise....

Key Levels:

Resistances: $13,190

Support levels: $12,850

Analyst InstaForex
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