FX.co ★ BTC analysis for November 20.2020 - Upside target reached but potential for the downside rotation towards $17.500

Further Development

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