Technical analysis Bitcoin. BTC-USD on June 26, 2018

June 29, 2018


The downtrend channel makes the market go down, we can have a bearish flag and now can move to its bottom edge. As we can see the market cannot consolidate above the current resistance zones, 6350 zone is strong for now and there are not many positive opportunities. In order to get the reverse, most likely, we will look for the ground a little lower, if the support at 5760 does not hold the bearish pressure, the market will try to find the support near 5400.

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