Analyzing the current trading chart of BTC, I found that there is consolidation process and that waiting for the breakout would be best advice.
The breakout of resistance at $11,700 can confirm test of $12,000 and $12,460
The breakout of support at $11,180 can confirm downside movement and potential test of $10,530 and $10,230.
Watch for the breakout to confirm further direction
Support level: $11,180
The material has been provided by InstaForex Company – www.instaforex.com
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