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Suporte
Abertura instanânea da conta
Plataforma de negociação
Depósito/Retirada

21.11.202311:36 Forex Analysis & Reviews: BTC update for November 21, 2023 - Potential for the breakout

Technical analysis:

Exchange Rates 21.11.2023 analysis

BTC/USD has been trading sideways at the price of $37.400 and there is the potential for the breakout mode.

In case of the upside breakout of the resistance at $38.000, I see potential for the further rally towards $41.000

In case of the breakout of the support at $36.200, I see chance for the further drop towards lower reference at $34.810

RSI oscillator is showing reading above 60, which is sign that upside condition is in place.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Petar Jacimovic,
Analytical expert of InstaSpot
© 2007-2024
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