Technical analysis:
BTC/USD has been trading upside this morning but I found rejection of the intraday resistance at the price of $29.400
Due to rejection of the resistance in the sideways regime, I see potential for the downside rotation today towards lower reference.
Downside objective is set at $28.755
Short-term support is set at the price of $29.400
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
has been trading
upside
this morning but I found rejection of the intraday resistance at the
price of $29.400
Due
to rejection of the resistance in the sideways regime, I see
potential for the downside rotation today towards lower reference.
Downside
objective is set at $28.755
Short-term
support is set at the price of $29.400
The material has been provided by InstaForex Company – www.instaforex.com
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