BTC analysis for November 24,.2021 - Watch for thee breakout

Technical Analysis:


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BTC has been trading sideways at the price of $56,400. I see potential for the breakout in the next period.


Trading recommendation:

In case of the upside breakout watch for buying opportunities on the pullbacks.

Upside objectives are set at the price of $59,360 and $61,000

Stochastic is showing bull divergence and potential for the rally....

Support level is set at $53,369





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Petar Jacimovic
Analytical expert of InstaForex
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