BTC analysis for October 06,.2021 - Completion of the ABC downside correction

Technical Analysis:

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BTC completed ABC downside correction and I see potential for further rally.


Trading recommendation:
Watch for buying opportunities with the next upside target at $52,760.

Short-term trend is bullish....

Stochastic look positive for further upside continuation.

Key support is set at $50,400






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Petar Jacimovic
Analytical expert of InstaForex
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