BTC analysis for October 06,.2020 – Watch for the breakout of symmetrical triangle to confirm further direction

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BTC analysis for October 06,.2020 - Watch for the breakout of symmetrical triangle to confirm further direction

BTC analysis for October 06,.2020 – Watch for the breakout of symmetrical triangle to confirm further direction

Further Development

BTC analysis for October 06,.2020 - Watch for the breakout of symmetrical triangle to confirm further direction

Analyzing the current trading chart of BTC, I found that the BTC is still in big contraction and that there is symmetrical triangle completed.

Key Levels:

Resistance: $10,950

Support level: $10,360

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

Source : https://www.mt5.com/forex_analysis/quickview/190464/