FX.co - BTC analysis for September 15,.2021

15 September 2021 at 11:54AM (UTC+0)

Relevance until16 September 2021 at 11:54AM (UTC+0)

Technical analysis:

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

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.

*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 15,.2021 - Key bear zone on the test