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18.11.202108:39 ফরেক্স বিশ্লেষণ এবং পর্যালোচনা: Trading plan for Bitcoin for November 18, 2021

Exchange Rates 18.11.2021 analysis

Technical outlook:

Bitcoin might have carved a potential bottom around $58,400 levels on Wednesday. The crypto could resume its rally towards $75,000 going forward as bulls remain inclined to be back in control. A potential sideways correction might be complete around $58,400 or prices could re-test $56,000 lows before resuming higher again.

The Fibonacci 0.382 retracement of its recent upswing between $40,000 and $70,000 is passing through $56,000 mark. High probability remains if prices drop through the support zone. Also note that the channel support is seen passing close to $56,000 levels as well. Bitcoin should be well poised to resume higher from here soon.

The overall wave structure remains constructive for bulls with potential to rally towards $75,000 at least. On the flip side, a break below the channel support and subsequently below $40,000 would change the near term outlook to bearish. In that case, bears might want to test $28,600 lows before finding some support.

Trading plan:

Potential rally towards $75,000 against $50,000.

Good luck!

*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।

বিশ্লেষকদের পরামর্শসমূহের উপকারিতা এখনি গ্রহণ করুন
ট্রেডিং অ্যাকাউন্টে অর্থ জমা করুন
ট্রেডিং অ্যাকাউন্ট খুলুন

ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।

ইন্সটাফরেক্স ক্রিপ্টোকারেন্সির রেট পরিবর্তনগুলো থেকে উপার্জন করুন
মেটাট্রেডার 4 ডাউনলোড করুন এবং আপনার প্রথম ট্রেড ওপেন করুন

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