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FX.co ★ BTC analysis for April 28,.2021 - Downside rotational day expected in next period

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Forex Analysis

2021-04-28T12:15:32
iconRelevance until2021-04-30

BTC analysis for April 28,.2021 - Downside rotational day expected in next period

Further Development

BTC analysis for April 28,.2021 - Downside rotational day expected in next period

Analyzing the current trading chart of BTC, I found that BTC got 2 upside trend days but that today there is no fallow trough, which is sign for potential downside rotation in next period.

My advice is to watch for selling opportunities in the next period with the downside targets at $52.600 and at the price of $47.750.

Resistance level is set at the price of $57.000

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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