Bitcoin Is Showing A Potential For The Breakout Play| FXMAG.COM

Technical analysis:
Trading recommendation:

Technical analysis:

bitcoin is showing a potential for the breakout play grafika numer 1

BTC/USD has been trading sideways at the price of $16.600. BTC Is in the trading range and I see potential for the breakout play.

Trading recommendation:

In case of the upside breakout of the resistance at $17.100, watch for buying opportunities with upside objective at $18.000

In case of the downside breakout of the support at $16.340, watch for selling opportunities with the downside objective at $15.800

Relevance up to 08:00 2022-11-18 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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Bitcoin Is Showing A Potential For The Breakout Play

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