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    Thread: Cryptocurrency Analysis

    1. 06-16-2021, 02:18 AM #11 Collapse post
      IFX_Selena
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      BTC analysis for June 15,.2021 - Exhaustion from buyers and potential for drop towards $37.500

      Technical analysis:
      Name: b-p-150621.jpg Views: 13 Size: 154.9 KB
      BTC has been trading upwards but I found that there is exhaustion and potential for the drop.


      Trading recommendation:

      Watch for selling if you see the breakout of the mini upside channel.

      Downside targets will be set at $37.500 and $35.000.

      Stochastic is showing overbought condition and fresh bear cross, which is sign for the downside movement.




      Name: 44.png Views: 13 Size: 13.7 KB
      Petar Jacimovic
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      InstaForex Group © 2007-2021

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.

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