FX.co ★ BTC analysis for January 06,.2021 - Confirmed completion of the ABC correction and potential for test $36.600

Further Development

Analyzing the current trading chart of BTC, I found that there is completion of the ABC downside correction and that there is the chance for further upside continuation.,

Stochastic oscillator is in overbought zone so there is chance for the pullback first.

Key Levels:

Resistance: $36,600 and $41,675.

Support level: $33,400