We have some new players entering BTCUSD with billions in investments. We are yet to find out if they are long term or into washing out BTCUSD price.
On the high side.
resistance at 34300 and 35700.
32900 (stop loss)
30000 buy order.
Fairly good Risk Reward Ratio (2,14 ) if held for 2 to 3 days. to a 6% profit
Strong resistance on the lower side to 50.870 in 24 to 36 hrs
2 hours stochastics bullish tendency towards 54.300 in 36 hours
On the lower side>
Solid resistance at 13.600 if broken next resistance is 12.800
On the high side>
Tough resistance at USD 15.700 untouched for the last 7 days.
Not great risk reward ratio, and for at least 24 hours.
note> Rather than stats and tendencies the BTC marquet has been driven most purely by speculation, and desperation of new...
head and shoulder forming a bullish trend with that has been reapeting for the las 72 hrs.
stop loss 18800
resistances 19250 and 19700.. after that the 20k boundary will be tested.
Pattern to close at USD 20400 APROX
I believe that Bitcoin Gold has a negative impact on BTCBRL, although brasilean markets has a rather bullish profile compared to american market. By november 15th prices will fluctuate between a expected 21.328,00 and a possible 22.454,00 BRL.
That is a solid 15% for a 15 days period.