Main Quotes Calendar Forum
flag

FX.co ★ BTC analysis for January 03,.2021 - Watch for the breakout mode

parent
Crypto Analysis:::2022-01-03T13:01:41

BTC analysis for January 03,.2021 - Watch for the breakout mode

Technical analysis:

BTC analysis for January 03,.2021 - Watch for the breakout mode

BTCUSD has been trading sideways at the price of $47,200. I see potential for the breakout mode.

Trading recommendation:

Due to sideways regime, I see potential for the breakout mode.

In case of the strong breakout of support at $45,500, watch for selling opportunities with key objective at $41,915.

In case of the upside breakout of key resistance at $48,500, watch for upside objective at $51,325.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...