Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

 

The BTC/USD pair bounces off the support level of 11,585 level, driving bullish bias in the market. On the higher side, the pair may find an immediate resistance around the triple top level of 11,800. Is it worth selling below this level? Let’s get to know in a Bitcoin price forecast video above.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: USD/ILS daily trading forecastForex Market: USD/ILS daily trading forecast Yesterday’s trade saw USD/ILS within the range of 3.7135-3.7532. The pair closed at 3.7350, gaining 0.30% on a daily basis.At 6:42 GMT today USD/ILS was up 0.15% for the day to trade at 3.7405. The pair touched a daily high at 3.7409 at […]
  • Grain futures edge higher on weather outlookGrain futures edge higher on weather outlook Grain futures rose during European trading on Monday with corn hovering near Fridays three-year low on expectations U.S. supplies will be bigger than USDAs estimates, while soybeans and wheat posted moderate gains amid mixed weather across the […]
  • Nordea’s operating profit exceeds estimates as interest income surgesNordea’s operating profit exceeds estimates as interest income surges Nordea’s third-quarter operating earnings, reported on Thursday, topped market estimates, as the group’s interest income surged amid rampant inflation and aggressive central bank monetary policy tightening.The Finnish banking group, […]
  • Minor Currency Pairs: Support and Resistance Levels for November 14th 2016Minor Currency Pairs: Support and Resistance Levels for November 14th 2016 EUR/GBPR1 – 0.8622 R2 – 0.8633 R3 (Range Resistance - Sell) – 0.8645 R4 (Long Breakout) – 0.8679 R5 (Breakout Target 1) - 0.8720 R6 (Breakout Target 2) - 0.8737S1 – 0.8598 S2 – 0.8587 S3 (Range Support - Buy) – 0.8575 S4 […]
  • Forex Market: EUR/GBP daily trading forecastForex Market: EUR/GBP daily trading forecast Yesterday’s trade saw EUR/GBP within the range of 0.7982-0.8028. The pair closed at 0.8015, gaining 0.33% on a daily basis.At 6:12 GMT today EUR/GBP was down 0.06% for the day to trade at 0.8011. The pair touched a daily low at 0.8009 at […]
  • Forex Market: NZD/USD daily forecastForex Market: NZD/USD daily forecast During yesterday’s trading session NZD/USD traded within the range of 0.8526-0.8588 and closed at 0.8532.At 11:03 GMT today NZD/USD was adding 0.05% for the day to trade at 0.8542. The pair touched a daily low at 0.8542 at 11:02 […]