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FX.co ★ BTC analysis for November 24,.2021 - Watch for thee breakout

BTC analysis for November 24,.2021 - Watch for thee breakout

Technical analysis:

BTC analysis for November 24,.2021 - Watch for thee breakout

BTC has been trading sideways at the price of $56,400. I see potential for the breakout in the next period.

Trading recommendation:

In case of the upside breakout watch for buying opportunities on the pullbacks.

Upside objectives are set at the price of $59,360 and $61,000

Stochastic is showing bull divergence and potential for the rally....

Support level is set at $53,369

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