BTC analysis for September 15,.2021 - Key bear zone on the test

Technical analysis:

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BTC is approaching major bear zone at $48,000-49,780. Downside opportunities are preferable from the bear zone.


Trading recommendation:
Watch for selling opportunities due to buying key bear zone in the background.

Downside targets are set at $45,000 and $43,400

Stochastic is not swing any signs for reversal yet but watch for the eventual divergence.




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Petar Jacimovic
Analytical expert of InstaForex
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