FX.co - BTC analysis for June 29,.2021 - Bearish divergence and potentia lfor the downside rotation towards $33.000

2021-06-29T11:30:54

Relevance until2021-07-01

Technical analysis:

BTC analysis for June 29,.2021 - Bearish divergence and potentia lfor the downside rotation towards $33.000

BTC has been trading upwards. Anyway, I see potential lfor the exhaustion and downside rotation....

Trading recommendation:

Watch for potential selling opportunities if you see downside rotation.

Downside targets are set at the price of $33.850 and $33.000

Stochastic is bearish divergence and potential for the downside rotation....

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

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for June 29,.2021 - Bearish divergence and potentia lfor the downside rotation towards $33.000