Main Quotes Calendar Forum
flag

FX.co ★ BTC analysis for December 22,.2020 - Rejection of the main pivbot at $23.400 and potential for rise towards $24.125

parent
Crypto Analysis:::2020-12-22T12:37:15

BTC analysis for December 22,.2020 - Rejection of the main pivbot at $23.400 and potential for rise towards $24.125

Further Development

BTC analysis for December 22,.2020 - Rejection of the main pivbot at $23.400 and potential for rise towards $24.125

Analyzing the current trading chart of BTC, I found that there was the selling climax from yesterday and successful test on lower volume, which is sign for the further rise.

My advice is to watch for buying opportunities with the upside target at $21,122

The trend still bullish with no evidence of any reversal yet...

Additionally, there was the hidden divergence on the Stochastic oscillator, which is good confirmation for the rise...

Key Levels:

Resistance: $24,125

Support level: $23,400

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...