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19.10.202013:50 Forex Analysis & Reviews: BTC analysis for October 19,.2020 - Potential for upside continuation. Watch for the breakout of the sideways base to confirm the continuation...

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Further Development

Exchange Rates 19.10.2020 analysis

Analyzing the current trading chart of BTC, I found that there is still consolidation at the price of $11,500 but that short-term uptrend is active.

Bollinger bands are rising and expanding, which is good sign for further rise...

Key Levels:

Resistance: $11,610, $12,000

Support level: $11,200

Petar Jacimovic
Analytical expert of InstaForex
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