Cryptocurrency prices analysis and forecast – 19 November 2018

Cryptocurrency prices analysis and forecast – 19 November 2018
BTC/USD
BTC/USD is being traded at $5,651 and continues to be in the correction. Last weekend brought nothing new. All this time the coin has been consolidating in a narrow lateral range. The bulk of the total volume is concentrated in the lower part of the current accumulation, between $5,640 and $5,560. This suggests that the price in the nearest future may win back at least some part of the recent fall.



As part of the forecast for November 19, we can expect further attempts to correct upwards. It is possible that quotes can first refresh the minimum of the whole fall and test lower support levels, forming a false breakdown, after which we can see a more significant corrective growth to the levels of $5,620, $5,850, ...
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