Technical analysis:
BTC/USD has been trading upside yesterday and there is potential for the further rally due to rejection of the support trend-line.
Due to the rejection of the support and strong mid and long term upside trends, I see potetnial for the further rally.
Upside objectives are set at the price of $26.200 and $27.000
MACD oscillator is showing decreasing in the downside momentum, which is good sign for the upside rotation.
Key support is set at the price of $24.900
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD has
been trading upside
yesterday and there is potential for the further rally due to
rejection of the support trend-line.
Due
to the rejection of the support and strong mid and long term upside
trends, I see potetnial for the further rally.
Upside
objectives are set at the price of $26.200 and $27.000
MACD
oscillator is showing decreasing
in the downside momentum, which is good sign for the upside
rotation.
Key
support is set at the price of $24.900
The material has been provided by InstaForex Company – www.instaforex.com
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