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FX.co ★ BTC analysis for April 22,.2021 - Donwside continuation in play and potential for re-test of $50.640

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Forex Analysis

2021-04-22T11:48:40
iconRelevance until2021-04-24

BTC analysis for April 22,.2021 - Donwside continuation in play and potential for re-test of $50.640

Further Development

BTC analysis for April 22,.2021 - Donwside continuation in play and potential for re-test of $50.640

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
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