14.06.202114:19 Forex Analysis & Reviews: BTC analysis for June 14,.2021 - Exhastion from buyers and potential for drop towards $36.000

Technical analysis:

Exchange Rates 14.06.2021 analysis

BTC has been trading uspide but I see potential for the bigger drop. There is potential for the downside movement towards $36.000

Trading recommendation:

Watch for selling opportunities on the rallies with the next downside target at the price of $36.000.

I found the upside drifting pattern, which is BIG warning for the exhaustion from buyers and potential sell off...

Stochastic is showing overbought condition with potential for the downside rotation.

*A análise de mercado aqui postada destina-se a aumentar o seu conhecimento, mas não dar instruções para fazer uma negociação.

Petar Jacimovic,
Especialista em análise na InstaForex
© 2007-2021
Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
Não pode falar agora?
Faça sua pergunta no chat.