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    Thread: Cryptocurrency Analysis

    1. 10-13-2021, 01:55 AM #11 Collapse post
      IFX_Selena
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      BTC analysis for October 12,.2021 - Potential for the downside rotation

      Technical Analysis:

      Name: b-p-121021.jpg Views: 19 Size: 50.0 KB

      BTC has been trading sideways at the price of $57,000 but I see potential for the downside movement towards lower references.


      Trading recommendation:
      Watch for selling opportunities due to upside exhaustion in the background. The downside targets are set at $56,400, $55,900 and $45,600.

      Stochastic is showing bearish divergence and potential for the further downside movement.

      Key resistance is set at $57,800




      Name: 44.png Views: 8 Size: 13.7 KB
      Petar Jacimovic
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