BTC analysis for September 14,.2021 - Decision level at $47.300

Technical Analysis:

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BTC has been trading upside but the key pivot at the price of $47,300 is near and there is potential for the rotation.


Trading recommendation:
Key level to watch is level at $47,350.

In case of the reversal pattern around thee key pivot at $47,350, I can see potential downside rotation towards $43,500

In case of the upside breakout of the $47,350 with good fallow trough, I can see upside towards $48,000-$48,500



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Petar Jacimovic
Analytical expert of InstaForex
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