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21.11.201916:33 Forex Analysis & Reviews: BTC 11.21.2019 - All trends down, Bitcoin is aproaching our main downward target at $7.500

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My analysis from yesterday is progress good and BTC is on the way to test my main target at the price of $7.478. All short-term trends are down and my advice is to hold sell position and add new sell position in case of the rally into the resistance at $8.000

Based on the Ichimoku analysis, all trends are down and there is no indication of the any reversal pattern yet, which is good confirmation that sellers are in total control. Downward targets are set at the price of $7.478 and $7.285.

Petar Jacimovic
Analytical expert of InstaForex
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