CAN BTCUSD FALL? BTCUSD BEARISH TARGETS [Read Caption]Hello Followers I am going to publish technical setup of BTCUSD , So share your opinion in comments about my analysis.
BTCUSD Is working near the resistance area, the level of resistance area is 99000/99600. According to the structure BTCUSD can fall from here cause it is facing a resistance here. there is a support area also near to the 97000/96600, According to me BTCUSD will go for short from here till the first target around 96500 and second target around 94000, I have also identified the SHORT POSITION in the chart..
KEY POINTS:
CURRENT PRICE 98700
RESISTANCE AREA 99000/99600
SUPPORT AREA 97000/96600
TARGETS:
FIRST TARGET 96500
SECOND TARGET 94000