empty
 
 
06.04.2023 08:06 AM
BTC update for April 06,.2023 - Rejection of the key resistance

Technical analysis:

This image is no longer relevant

BTC/USD has been trading downside as I expected. Anyway, I still see potential for the further downside movement and test of the lower reference.

Due to the rejection of the key resistance at the price of $28.800, I see potential for the further downside movement towards lower area of trading range.

Downside objectives are set at the price of $27.300 and $26.600

Key intraday resistance is set a the price of $28.800

Summary
Urgency
Analytic
Petar Jacimovic
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $6000 more!
    In December we raffle $6000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback