BTC analysis for October 26,.2020 – Upside breakout of the symmetrical triangle pattern and potential for the rally towards

0
45
BTC analysis for October 26,.2020 - Upside breakout of the symmetrical triangle pattern and potential for the rally towards

BTC analysis for October 26,.2020 – Upside breakout of the symmetrical triangle pattern and potential for the rally towards

Further Development

BTC analysis for October 26,.2020 - Upside breakout of the symmetrical triangle pattern and potential for the rally towards

Analyzing the current trading chart of BTC, I found that there is breakout of the symmetrical triangle pattern to the upside, which is good indication for the further upside continuation.

My advice is to watch for buying opportunities on the dips with the target at $13,830, which is also the projected target of the symmetrical triangle pattern.

Key Levels:

Resistances: $13,830

Support level: $12,700

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

Source : https://www.mt5.com/forex_analysis/quickview/192868/