FX.co - BTC analysis for November 08,.2021 - Strong upside momentum and potential test of $67.000

2021-11-08T12:57:17

Relevance until2021-11-09

Technical analysis:

BTC analysis for November 08,.2021 - Strong upside momentum and potential test of $67.000

BTC has been trading upside as like I expected. BTC almost reached my main objective at $67,000.

Trading recommendation:

Strong upside momentum on the BTC and potential for further rally. My main objective from last week is set at $67,000.

The level of $67,000 will bee important pivot and depend of the price action around we can define next direction.

Stochastic is looking positive with the new fresh bull cross...

Support level is set at the price of $60,000

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for November 08,.2021 - Strong upside momentum and potential test of $67.000