FX.co ★ BTC 11.27.2019 - Potential end of the upward ABC correction, watch for downside

BTC has been trading upside in recent 24h but there is still chance for more downside. Important resistance pivots are set at $7.400 and $7.700. Watch for selling opportunities near resistance levels with the downward target at the price of $6.545.

MACD oscillator did have strong momentum in the background and that is why I still expect further downside after potential ABC upward correction.

Support levels are set at the price of $6.870 and $6.545.