FX.co ★ BTC analysis for September 27,.2021 - Downside rotation in play towards $41.000

Technical analysis:

BTC has been trading downside in last 12 hours and I see potential for further downside rotation.

Trading recommendation:

Due to strong downside trend in the background and no signs for the reversal, I see potential for the downside continuation and test of $41,000 and $40,000.

Watch for selling opportunities on the rallies with the downside targets at $41,000 and $40,000.

Stochastic is showing overbought condition and potential for the bear cross.

Resistance is set at $45,200