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FX.co ★ BTC analysis for July 19,.2021 - Watch for the breakout mode

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Crypto Analysis:::2021-07-19T12:16:48

BTC analysis for July 19,.2021 - Watch for the breakout mode

Technical analysis:

BTC analysis for July 19,.2021 - Watch for the breakout mode

BTC has been trading sideways (contraction) in the pat few days and I see potential for the breakout play.

Trading recommendation:

Watch for the breakout to confirm further direction.

Upside breakout of resistance at $32,175 can lead BTC for test of $34,500

Downside breakout of support at $31,000 can lead BTC towards $28,950

Analyst InstaForex
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