Further Development
Analyzing the current trading chart of BTC, I found that the buyers got exhausted today and the upside target from yesterday at the price of $15,500 has been reached.
Anyway, the price is at the median Pitchfork line and there is potential for the downside rotation towards the level at $13,795
Stochastic is showing overbought condition.
Watch for selling opportunities with the target at $13,795Watch for selling opportunities with the downside targets at $1,936 and $1,917
Resistance is set at $15,500 and $16,500
Key Levels:
Resistance: $15,500 and $16,500
Support levels: $13,795
