BTC analysis for September 14,.2021 - Decision level at $47.300

Technical analysis:


BTC has been trading upside but the key pivot at the price of $47,300 is near and there is potential for the rotation.

Trading recommendation:

Key level to watch is level at $47,350.

In case of the reversal pattern around thee key pivot at $47,350, I can see potential downside rotation towards $43,500

In case of the upside breakout of the $47,350 with good fallow trough, I can see upside towards $48,000-$48,500

The material has been provided by InstaForex Company -