Trading Conditions
Products
Tools
Technical analysis:
BTC/USD has been trading upside this morning and I found test of the previous support cluster at the price of $26.600. I see 2 scenarios around this key support level.
In case of the upside breakout of the $26.600 and hold above, there is potential for the rally towards next major resistance at $27.475
In case of the downside rotation and rejection of the resistance at $26.000, there is chance for the rotation downside towards support zone at $25.900
Faster Stochastic oscillator is showing fresh bear cross and oversold condition....
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.