Technical analysis:
BTC/USD has been downside yesterday and the key support zone is on the test at $27.300-26.500.
Pay attention to the support zone and price action around since it can confirm further direction.
In case of the rejection of the support zone, there is potential for the rotation upside towards $28.000
In case of the breakout of the support zone and hold below, there is the chance for the downside movement towards $24.000-$20.000
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
has been downside
yesterday and the key support zone is on the test at $27.300-26.500.
Pay
attention to the support zone and price action around since it can
confirm further direction.
In
case of the rejection of the support zone, there is potential for the
rotation upside towards $28.000
In
case of the breakout of the support zone and hold below, there is the
chance for the downside movement towards $24.000-$20.000
The material has been provided by InstaForex Company – www.instaforex.com
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