BTC analysis for October 01,.2020 - Inside day pattern in creation, watch for the breakout to confirm further direction

Analyzing the current trading chart of BTC, I found that there is potential for the upswing to develop in order to complete the potential ABC upside correction.

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The key pivot level is set at the price of $10,950 and $11,100

Yesterday was the inside day pattern and I would like to watch for the breakout to confirm further short-term direction.

In case of the upside breakout, there is change for the test of $11,100

In case of the downside breakout of support at $10,600, there is chance for test of $10,240


Key Levels:

Resistance: $11,100

Support level: $10,600



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Performed by Petar Jacimovic
Analytical expert
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