Bitcoin
Long
Updated

BITCOIN - TODAY - MARKET UPDATE - 11/20/2019

406
Hello and welcome to Wednesday's session of intraday Crypto-Currencies commentary. With the upper-end of our projected reversal zone tested we are on high alert for Bitcoin to locate support. The price action is still looking corrective, which leaves the door open to another move lower. Although BTC has been holding support at the 0.786% retracement of wave (i), we have still to see a meaningful effort to rally against it. As such, a dip lower can't be ruled out. Breaking out of wave (ii)'s corrective price will be the earliest evidence to favor that a higher swing low has been registered.

That said, we're on the lookout for evidence wave (iii) is underway and a breach of 8637.00, would signal it is underway. [url=t.me/blackMEXcrypto ]— BlackMEX PRO TRADERS.

Key Levels: 7296.44, 8773.22, 9450.00, 10540.49.

Note: Prices can vary between Bitcoin exchanges, and consequently there may be differences in our chart prices due to different data sets. Our analysis is for information only. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.

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Trade active
Here we go!

Awaiting Technical Confirmation
Trade active
W=Y
Trade closed: stop reached
Order cancelled

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