SuperForex

The price is in the corridor

Short
BITFINEX:BTCUSD   Bitcoin
On the chart, we observe that the price stopped in the range between 6.800 and 6.600. At the moment, the price goes to the lower Bollinger band.

The Stochastic is in the overbought zone and the MACD is above the histogram. We believe that the price may go below the support level to the level of 6.150. We advise you to look for points to enter short positions and set take-profits near the specified level.

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