Main Quotes Calendar Forum
flag

FX.co ★ BTC analysis for March 04,.2021 - Completion of the ABC correction and potential downside movment towards $43.300

parent
Crypto Analysis:::2021-03-04T12:14:10

BTC analysis for March 04,.2021 - Completion of the ABC correction and potential downside movment towards $43.300

Further Development

BTC analysis for March 04,.2021 - Completion of the ABC correction and potential downside movment towards $43.300

Analyzing the current trading chart of BTC, I found that BTC completed the ABC upside correction as I alerted you yesterday and that is ready for the new downside wave.

My advice is still to focus on selling opportunities on the rallies with the downside targets at $47,280 and $43,300.

Additionally,Stochastic oscillator got fresh bear cross, which is another sign of the downside wave.

Key Levels:

Resistance: $52,000

Support levels: $47,280 and $43,300.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...