BTCUSD TODAY'S ANALYSIS


On November 18, 2020, after the BTC reached the resistance level of 18498, a pullback was sent to the support level of 17036. However, the support did not break and it started to rise again. The market trend has reassured traders that it should move up. Looking at the h4 it is still very clear that it is still going up, the MACD line is already at the intersecting point.

 

5f61404e248c2728af0aea4c_post_1605889076.png

 

Also looking at the H1 is a very clear fence that guarantees the need to re-enter the purchase. Personally, I was able to enter BUY at 17333 yesterday 19 November 2020 but was still waiting for a good confirmation of whether to actually buy or not. Confirmed the signal I am using today where you can see the green light below. Today, I entered BUY in 18019 and never left the TP 20000.

Despite the analyzes I have done above, everyone is responsible for their trading and how they manage risk according to the budget at their disposal. Good trade everyone.

How do you rate this article?

6


Fety Bernard Etienne(fetinafety)
Fety Bernard Etienne(fetinafety)

I am a crypto enthusiast, and trader, an investor in many various platforms, and protocol of blockchain around the world. I love talking about Cryptocurrency.


Crypto Bajaj
Crypto Bajaj

---CONSULTANT--- CRYPTOCURRENCY & BLOCKCHAIN: Investment Coaching, Account Management, Exchange. 6+ YEARS OF EXPERIENCE.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.