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Table of contents

  1. Technical analysis:
    1. Trading recommendation:

      Technical analysis:

      bitcoin has potential for the upside continuation grafika numer 1

      BTC/USD has been trading downside towards the price of $16.800. Anyway, I see strong gap zone on the test, which can be zone for the buyers to join.

      Trading recommendation:

      Due to the test of the gap zone, I see potential for the upside continuation.

      Watch for the potential buying opportunities with the upside objective at the price of $17.000.

      Key support is set at the price of $16.700-$16.500

       

      Relevance up to 09:00 2022-12-08 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.

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      Read more: https://www.instaforex.eu/forex_analysis/304014


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