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FX.co ★ BTC analysis for December 18,.2020 - Potential for second downside leg towardds the $22.375

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Crypto Analysis:::2020-12-18T12:48:53

BTC analysis for December 18,.2020 - Potential for second downside leg towardds the $22.375

Further Development

BTC analysis for December 18,.2020 - Potential for second downside leg towardds the $22.375

Analyzing the current trading chart of BTC, I found that there is consolidation going on and that there is potential for the downside rotation and correction due to big standard deviation move from few days ago.

Key Levels:

Resistance: $23,300

Support level: $22,373 and $21,828.

Analyst InstaForex
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