ANALYSIS
NQ100 Finds Support from PPIApr 14
BTC is likely to recover
We saw strong bullish moves in the descending minor channel in BTC. However, it declined following the increasing fear in the financial markets. Technically, as long as it stays above 38 200 indicating the lower line of the minor ascending channel, we will see it recovering towards 40 800 and 42 300 resistance levels. On the other side, 37 000 will be our support level when the lower line of the ascending channel is broken.
