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

2020-10-23T11:37:46

Relevance until2020-10-24

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

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

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