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FX.co ★ BTC analysis for December 20,.2021 - Key pivot level at thhe price of $45.450

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Forex Analysis

2021-12-20T12:24:28
iconRelevance until2021-12-21

BTC analysis for December 20,.2021 - Key pivot level at thhe price of $45.450

Technical analysis:

BTC analysis for December 20,.2021 - Key pivot level at thhe price of $45.450

BTC/USD has been trading downside today but there is key support level at $45,445. Watch for the price action around this key pivot to confirm further direction.

Trading recommendation:

In case of the downside breakout of the key pivot support at $45,445, watch for selling opportunities with the downside objective at $42,035

In cases of the aggressive rejection of the pivot at $45,445, watch for upside opportunities with upside objective at $48,050

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