Relevance up to 06:00 2019-11-28 UTC–8
BTC has been trading upside in recent 24h but there is still chance for more downside. Important resistance pivots are set at $7.400 and $7.700. Watch for selling opportunities near resistance levels with the downward target at the price of $6.545.
MACD oscillator did have strong momentum in the background and that is why I still expect further downside after potential ABC upward correction.
Support levels are set at the price of $6.870 and $6.545.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Performed by Petar Jacimovic,
InstaForex Group © 2007-2019
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