empty
03.11.2021 12:41 PM
Trading plan for Bitcoin on November 3, 2021

Bitcoin has formed a flat range between the levels of $ 60,000 and $ 65,000. Trading in this range is most profitable in the first half of the month.

It is worth looking for entry points into the market from the borders of the flat until there are significant purchases or sales of the instrument. Today, Bitcoin is trading at the upper limit, so it is worth considering a false breakdown pattern of yesterday's high. The sell target will be the level of $ 60,000. Flat trading may be delayed until the next quarterly expiration of futures in December.

This image is no longer relevant

In order for the upward impulse to resume, then it is necessary to close one of the trading days above the level of $ 65,000. This will indicate a weakening of the range of limit sellers, which will allow us to see the update of the annual high in a short time frame. This pattern is promising in the medium term. As for the level of intraday trading, there is no option to buy the instrument yet.

Samanta Kruder,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback