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02.12.202114:16 Analisis Forex & Kajian: BTC analysis for December 02,.2021 - Potential for the further drop

Technical analysis:

Exchange Rates 02.12.2021 analysis

BTC/USD has been trading downside due to the breakout of the contraction in the background. There is potential for the further drop.

Trading recommendation:

Due to strong downside movement in the background and breakout of the contraction I see potential for the downside movement.

Watch for selling opportunities on with the potential downside objectives at $55,200 and $53,400.

Stochastic oscillator is showing fresh bear cross, which is another sign for the weakness.

Resistance is set at the price of $57,400

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

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