Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
    • Advanced Search
    Log in Register
    Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Results 1 to 10 of 3684

    Thread: Cryptocurrency Analysis

    1. 11-23-2021, 01:13 AM #11 Collapse post
      IFX_Selena
      IFX_Selena is offline
      Senior Member IFX_Selena's Avatar
      Join Date
      Oct 2018
      Posts
      4,535
      Thanks
      1
      Thanked 634 Times in 398 Posts
      SubscribeSubscribe
      : 1
      BTC analysis for November 22,.2021 - Downside continuation in the play

      Technical Analysis:

      Name: b-p-221121.jpg Views: 16 Size: 46.1 KB

      BTC has been trading downside today but I see further downside continuation in the next period.


      Trading recommendation:
      Due to breakout of the rising trendline and the fake breakout of the 20-day high, I see potential for the downside continuation.

      Watch for selling opportunities on the rallies with the downside target at $53,250.

      BTC is trading below the 10,20 and 50 day moving average.

      Stochastic is showing a bull cross but with no big reaction on price action, which is sign that cross is "weak:"

      Resistance level is set at the price of $62,200





      Name: 44.png Views: 14 Size: 13.7 KB
      Petar Jacimovic
      Analytical expert of InstaForex
      © 2007-2021

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.

      Reply With Quote Reply With Quote Thanks  

    2. The Following 1 Users Say Thank You to IFX_Selena For This Useful Post:

      Unregistered (1 )
    « Previous Thread | Next Thread »

    Subscribe to this Thread (94)

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •  

    Forum Rules