Home About the company Daily reviews BTC/USD currency pair analysis

BTC/USD currency pair analysis

07.07.2022

Market Review

The general trend is descendant. The reverse wave model is forming — the ascendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the ascendant structure is breached.

Trading idea:

Sell when the descendant wave structure forms.

Stop-loss: 20736.0.

Target levels: 19759.0; 19058.0.

Author: GC
Back to all reviews Back

Subscribe to company news:

Thank you for subscribing to our analytics

Review topic

All Market Review
Log in Registration

Don't have your language?