Trading Conditions
Products
Tools
Technical analysis:
BTC has been trading sideways at the price of $1.883 but there is still potential for the drop and the downsdie break.
Trading recommendation:
Watch for potential downside breakout of support at the price of $1.875. If you see the downside breakout, watch for the rally on lower volume for sell opportunity with the downside targets at $1.863 and $1.853.
Stochastic is showing extreme reading with the fresh bear cross, which is good confirmation for the downside.
Resistance set at the price of $1.886
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.