Technical analysis:
BTC/USD has been trading downside this morning but the key support cluster at the price of $27.850 is on the test.
Due to the tight downside channel in the background and the test of the key support cluster, I see potential for the upside movement.
Upside objective is set at the price of $29.200
Key support is set at the price of $27.800
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD has
been
trading
downside
this
morning but the key support cluster at the price of $27.850
is on the test.
Due
to the tight downside channel in the background and the test of the
key support cluster, I see potential for the upside movement.
Upside
objective
is set at the price of $29.200
Key
support
is set at the price of $27.800
The material has been provided by InstaForex Company – www.instaforex.com
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