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

Further Development

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 material has been provided by InstaForex Company – www.instaforex.com

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MOKAR

Author: MOKAR

Mula berdagang dalam pasaran forex sejak tahun 2003. Manakala pasaran bursa saham tempatan dan global pada tahun 2018. Menjadikan trading online sebagai kerjaya sepenuh masa pada tahun 2019. Kerjaya sebelum ini adalah seorang salesman kereta. Berpengalaman dengan pelbagai teknik dan perguruan tetapi akhirnya sangat serasi dengan teknik FMCBR @ Fibo Musang melalui guruku Cikgu Baha & Cikgu Zul.

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