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Table of contents

  1. Technical analysis:
    1. Trading recommendation:

      Technical analysis:

      bitcoin has a good sign for further upside movement grafika numer 1

      BTC/USD has been trading upside and I found the breakout of the triangle pattern in the background, whic his good sign for further growth.

      Trading recommendation:

      Watch for the buying opportunities on the intraday dips with the upside objectives at the price of $21.100 and $22.500.

      Stochastic oscillator is showing upside reading, which is good sign for further upside movement.

      Key support is set at hte price of $20.000

       

       

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      Relevance up to 08:00 2022-11-05 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

      Read more: https://www.instaforex.eu/forex_analysis/299707


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