BTC analysis for June 14,.2021 - Exhastion from buyers and potential for drop towards $36.000

Technical analysis:

Name:  b-p-140621.jpg
Views: 10
Size:  157.6 KB

BTC has been trading uspide but I see potential for the bigger drop. There is potential for the downside movement towards $36.000


Trading recommendation:
Watch for selling opportunities on the rallies with the next downside target at the price of $36.000.

I found the upside drifting pattern, which is BIG warning for the exhaustion from buyers and potential sell off...

Stochastic is showing overbought condition with potential for the downside rotation.




Name:  44.png
Views: 10
Size:  13.7 KB
Petar Jacimovic
Analytical expert
InstaForex Group © 2007-2021