empty
 
 
it
Supporto
Apertura rapida di un conto
Piattaforma di trading
Ricaricare / Prelevare

18.11.202108:39 Forex Analysis & Reviews: 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!

*La presente analisi del mercato ha un carattere esclusivamente informativo e non rappresenta una guida per l`effettuazione di una transazione.

Oscar Ton,
Analytical expert of InstaSpot
© 2007-2024
Approfittati subito dei consigli degli analisti
Deposita i fondi sul conto di trading
Apri un conto di trading

Le recensioni analitiche di InstaSpot ti renderanno pienamente consapevole delle tendenze del mercato! Essendo un cliente InstaSpot, ti viene fornito un gran numero di servizi gratuiti per il trading efficiente.

Guadagna sulle variazioni del tasso di criptovaluta con InstaSpot
Scarica MetaTrader 4 e apri la tua prima transazione
In questo momento non potete parlare al telefono?
Ponete la vostra domanda nella chat.