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BTC/USD Trading Analysis (15/09/2023)

15.09.2023

Maintenance

The overall trend is descending. The ascending truncated wave structure finished with the breach of the sloping channel. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
 

BTC/USD price chart as of 15/09/2023 with technical indicators

Trading idea:

Buy at the breach of 26435.00.

Stop-Loss: 26846.00.

Target price levels: 25905.00, 25574.00.


#btcusd #crypto #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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