BTC analysis for September 13,.2021 - Downside continuation in the play

Technical Analysis:

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BTC has been trading downside as I expected. Thee price is heading towards key support at $43,270.


Trading recommendation:
Sellers are in control and my advice is to watch for selling opportunities on the rallies with the downside targets at $43,270 and $37,790.

There is the fresh bear cross on thee Stochastic with good reversal pattern.

Resistance level is set at the price of $47,200



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Petar Jacimovic
Analytical expert of InstaForex
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