BTC analysis for July 01,.2021 - First target reached at $33.000

Technical Analysis:
Name:  b-p-010721.jpg
Views: 7
Size:  195.3 KB

BTC has been trading downside as I expected. The price reached my downside target at $33.000.


Trading recommendation:
Watch for potential selling opportunities on the rallies with the next downside targets at the price of $30.000 and $29.193.

Stochastic is in oversold zone and fresh bull cross, which is sign that there is potential for the rally first and then downside continuation.




Name:  44.png
Views: 7
Size:  13.7 KB
Petar Jacimovic
Analytical expert
InstaForex Group © 2007-2021