Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

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Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

Bitcoin analysis for November 05, 2018

November 5, 2018 Analytics

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Trading recommendations:

According to the H1 time – frame, I found a potential end of the downward correction (expanded flat abc), which is a sign that selling looks risky. The level of $6.346 is the key short – term support and my advice is to watch for buying opportunities around this level. The upward target is set at the price of $6.436/

Support/Resistance

$6.436 – Intraday resistance

$6.346– Intraday support

$6.436 – Objective target

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The material has been provided by InstaForex Company – www.instaforex.com

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