BTC/USD Analysis 19/11/2020

[GalaxyGuard 352]

 

This is my personal analysis to BTC/USD Chart on 4H Frames with Metatrader Program :

 

There is a general uptrend continuing with some resistance ..

 

After a price test is done arround 17200, it will go up to 19000 and there is a support level around 15900 ..

 

If the Bollinger Bands indicator lower boundary were a breakdown, the price would approach 15,900 ..

 

The minor uptrends are strong, and the general uptrend supports them ..

 

Mostly, the bullish growth will continue the same until the price crosses the 19000 level .

 

 

 

 

 

Edited November 19, 2020 by GalaxyGuard

[hani20980 2706]

Yeah i agree with you im sure that BTC will reach at least 19k$ before it will drop a little bit

but who knows maybe we will see a very high demand which will lead to a new record in bitcoin price

[GalaxyGuard 352]

What I expected has happened and Bitcoin has already crossed the 19K level.

[Nezar 7169]

This analysis was very accurate and this is what is happening now, as we are witnessing today a significant increase in the price and market of the Bitcoin currency, as the price today crossed $ 19,000, and it is very likely that the price will cross the $ 20,000 barrier at the end of this year

[wassim19 645]

The best way to improve clean knowledge about Bitcoin is to learn as much as possible. There are many places that you can learn from, such as YouTube and many bitcoin-licensed sites, so it is easy to get information about Bitcoin.

[Izeal 4404]

On 11/19/2020 at 9:34 PM, GalaxyGuard said:

 

This is my personal analysis to BTC/USD Chart on 4H Frames with Metatrader Program :

 

There is a general uptrend continuing with some resistance ..

 

After a price test is done arround 17200, it will go up to 19000 and there is a support level around 15900 ..

 

If the Bollinger Bands indicator lower boundary were a breakdown, the price would approach 15,900 ..

 

The minor uptrends are strong, and the general uptrend supports them ..

 

Mostly, the bullish growth will continue the same until the price crosses the 19000 level .

 

 

 

 

 

Great analysis just yesterday it has tested 19k level and I am sure it will test all time high very soon and I loved your analysis hope we get other more analysis post because it will be very helpful for the member who are thinking for learning trading.