Technical analysis:
BTC/USD has been trading downside this morning and the price is testing the key support cluster at $29.100.
Potential breakout of the support cluster at the price of $29.000 can lead downside movement towards lower references at $28.800 and $28.730
Potential rejection of the support cluster $29.000 can lead price upside towards upside reference at $29.640
Short-term condition is balanced
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
has been trading downside
this morning and the price is testing the key support cluster at
$29.100.
Potential
breakout of the support cluster at the price of $29.000 can lead
downside movement towards lower references at $28.800 and $28.730
Potential
rejection of the support cluster $29.000 can lead price upside
towards upside reference at $29.640
Short-term condition is balanced
The material has been provided by InstaForex Company – www.instaforex.com
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