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24.09.2021 01:45 PM
BTC analysis for September 24,.2021 - First target reacheeed at $42.000, second target set at $40.000

Technical analysis:

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BTC has been trading downside as I expected. BTC reached my first downside objective at $42,000 and is heading to test second at $40,000.

Trading recommendation:

Sellers in control, watch for selling opportunities on the rallies with the next downside targets at $40,000 and $37,650.

Stochastic is showing oversold condition but with no reversal yet, which is sign that sellers can continue with more downside.

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