16.04.202113:55 Forex Analysis & Reviews: BTC analysis for April 16,.2021 - Second downside target at the price of $60.100 has been reached. Potential for the rally today

Further Development

Exchange Rates 16.04.2021 analysis

Analyzing the current trading chart of BTC, I found that the BTC reached my second target from yesterday at the price of $60.100.

Watch for intraday long opportunities due to oversold condition....

Additionally, Stochastic oscillator is showing oversold condition...

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

Petar Jacimovic,
Analytical expert
InstaForex Group © 2007-2021
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