Trading Conditions
Products
Tools
Analyzing the current trading chart of BTC, I found that there is potential for the another downside cycle and potential test of $26,125 and $22,000.
Watch for selling opportunities on the rallies using the short-term frames like hourly and 4h time frames with the potential downside target at $26,125 and $22,000
Stochastic oscillator got is near the extreme level, which is sign that there might be overbought condition.
Key Levels:
Resistance:$34,000
Support level: $26,125 and $21,965
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.