Technical analysis:
BTC/USD has been trading downside in the background but I found rejection fo the support this morning, which is strong sign for the further rally.
Due to the test-reject of the support and the oversold condition, I see potential for the further rally towards upside reference.
Upside objectives are set at $26.300 and $26.500
Key support zone is set at the price of $25.900-$25.800
The material has been provided by InstaForex Company – www.instaforex.com
Technical analysis:
BTC/USD has been trading downside in the background but I found rejection fo the support this morning, which is strong sign for the further rally.
Due to the test-reject of the support and the oversold condition, I see potential for the further rally towards upside reference.
Upside objectives are set at $26.300 and $26.500
Key support zone is set at the price of $25.900-$25.800
The material has been provided by InstaForex Company – www.instaforex.com
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