BTC analysis for November 05,.2020 – Median Pitchfork line will be important resistance for BTC
Trading 05 Nov 2020 Donner votre avisFurther Development
Analyzing the current trading chart of BTC, I found that the buyers are in control today and that there is no sign fo any reversal yet.
Anyway, based on the weekly time-frame, I found that BTC is approaching the important pivot resistance level at $15,300 and that you should watch carefully for the price action around it cause that is Median Pitchfork line.
Another resistance is set at $16,660
Key Levels:
Resistance: $15,300 and 16,660
Support levels: $13,850
The material has been provided by InstaForex Company - www.instaforex.comRépondre
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