empty
 
 
23.09.2022 10:34 AM
BTC update for September 23,.2022 - Potential downside rotation towards support

Technical analysis:

This image is no longer relevant

BTC has been trading upside in last 24 hours but I found strong resistance at the price of $19.510 and rejection of the price, which is good sign for further downside movement.

Trading recommendation:

Due to the rejection of the key resistance and strong downside trend, I see potential for the downside movement.

Watch for the potential selling opportunities on the intraday rallies with the downside objectives at the price of $18.386 and $18.157.

Stochastic oscillator is fresh bear cross from the bull extreme condition, which is another sign for the downside movement.

Key resistance is set at the price of $19.500 and $19.820

通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

推荐文章

现在无法通话?
提出您的问题,用 在线帮助.
Widget callback