22.04.202113:48 Analytische Bewertungen Forex: BTC analysis for April 22,.2021 - Donwside continuation in play and potential for re-test of $50.640

Further Development

Exchange Rates 22.04.2021 analysis

Analyzing the current trading chart of BTC, I found that there is the consolidation period on the BTC after the drop in the background, which is normal reaction.

My advice is to watch for selling continuation towards the $50.635.

Middle Bollinger band is set at $55.350, which can be good zone for the re-selling...

Key resistance is set to $57.650

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

Petar Jacimovic,
Analytical expert of InstaForex
© 2007-2021
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