FX.co - BTC analysis for September 13,.2021 - Downside continuation in the play

2021-09-13T11:14:43

Relevance until2021-09-14

Technical analysis:

BTC analysis for September 13,.2021 - Downside continuation in the play

BTC has been trading downside as I expected. Thee price is heading towards key support at $43,270.

Trading recommendation:

Sellers are in control and my advice is to watch for selling opportunities on the rallies with the downside targets at $43,270 and $37,790.

There is the fresh bear cross on thee Stochastic with good reversal pattern.

Resistance level is set at the price of $47,200

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

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for September 13,.2021 - Downside continuation in the play