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    Thread: Cryptocurrency Analysis

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      IFX_Selena is offline
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      BTC analysis for December 30,.2020 - First target at $28.400 reached and pottential for downside rotattion towards $27.500

      Further Development

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      Analyzing the current trading chart of BTC, I found that BTTC reached my major upside target from yesterday at the price of $28,400.

      It is very important to watch price action around key pivot at $28,400 in order to confirm further direction.

      There is potential for the downside rotation towards support levels at $27,000 and $25,760.

      Stochastic oscillator got the fresh bear cross, which is another sign for the potential downside rotation.....



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      Performed by Petar Jacimovic
      Analytical expert
      InstaForex Group © 2007-2020

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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