Trading Recommendation For Bitcoin (BTC/USD)| FXMAG.COM

Technical analysis:
Trading recommendation:

Technical analysis:
✕

BTC/USD has been sideways this morning and I see tight triangle pattern in creation. Watch for potential breakout to confirm further direction...

Trading recommendation:

In case of the breakout of the resistance at the price of $20.320, watch for buying opportunities on the intraday pullbacks with the upside objectives at $20.665 and $21.000

In case of the downside breakout of the support at $20.170, watch for selling opportunities on the rallies with the downside objectives at the price of $19.977 and $19.655

Relevance up to 08:00 2022-10-29 UTC+2 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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