Economic CalendarQuotes & ChartsForex Trading SignalsPAMM Account RatingTrading Sessions
flag English arrow
logo
Home
Publications
Top Articles Forex Analytics Forex Analysis for Beginners Video Analytics Crypto News Forex NewsForex TVForex HumorNews in Pictures Trader Journals
See also
Forex Online
Quotes & Charts Forex AnalyticsForex NewsEconomic Calendar Technical Analysis Patterns Forex Trading Signals PAMM Account Rating Trading Session Schedule
See also
Crypto
QuotesNewsTrade Crypto IFXBIT Platform #Bitcoin#Ethereum#RippleBitcoin Cash
Monitoring
Forum
Trade Now

FX.co ★ BTC analysis for December 21,.2020 - Rejection of the pivot level at $22.340

header image

Forex Analysis

2020-12-21T13:25:47
iconRelevance until2020-12-22

BTC analysis for December 21,.2020 - Rejection of the pivot level at $22.340

Technical analysis:

BTC analysis for December 21,.2020 - Rejection of the pivot level at $22.340

BTC has been trading downwards today but the sellers found strong pivot level at $22,340, which is good sign that there is potential for the upside recovery.

The trend is still bullish and the support at the price of $22,340looks like the nice pivot level for further rise (previous swing lowon daily).

My advice is to watch for buying opportunities on the dips with the upside target at $24,050

Support level: $22,340

Resistance levels: 24,050

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Analytical expert
Go to the articles list Go to this author's articles Open trading account