FX.co ★ BTC analysis for November 04,.2020 - Drift pattern in creation and potential for the downside swing to develop

Further Development

Analyzing the current trading chart of BTC, I found that there is DRIFT pattern in creation, which is sign that buyers are having hard time to extend further gains, so that selling opportunities would be preferable.

Downward targets are set at $12,765 and $12,465

Key Levels:

Resistance: $12,765

Support levels: $12,465