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11.11.201915:52 Forex Analysis & Reviews: BTC 11.11.2019 - BTC filled the GAP from 2 week ago, second downward target reached

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BTC did reached my second target at $8.600 as I expected. Anyway, there is still downside pressure and the BTC filled the GAP from 2 weeks ago, which is good sign that sellers are still present.

Due to the fact that BTC filled the gap, I would still watch for selling opportunities but this time even with the larger targets at $7.520 and $7.350.

Watch for selling opportunities on the rallies on lower frames 5/15 minutes time-frame for the better timing. Resistance levels are seen at $8.715 and 8.920.

Petar Jacimovic
Analytical expert of InstaForex
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