FX.co - BTC analysis for July 15,.2021 - Watch for the downside continuation towards $30.000

2021-07-15T11:42:34

Relevance until2021-07-16

Technical analysis:

BTC analysis for July 15,.2021 - Watch for the downside continuation towards $30.000

BTC has been trading downwards today and there is the breakout of the balancing process in the background.

Trading recommendation:

My advice is to watch for selling opportunities on the rallies with the downside target at the price of 30.000

Stochastic oscillator is showing negative reading with no bull cross....

*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 July 15,.2021 - Watch for the downside continuation towards $30.000