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FX.co ★ BTC update for September 27,.2022 - Brekaout of the multi-day range to the upside

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Crypto Analysis:::2022-09-27T08:12:01

BTC update for September 27,.2022 - Brekaout of the multi-day range to the upside

Technical analysis:

BTC update for September 27,.2022 - Brekaout of the multi-day range to the upside

BTC has been trading upside today and I found breakout of the multi day range, which is good sign for further rally. I see potential fo the further rally.

Trading recommendation:

Due to the breakout of the multi day balance in the background, I see potential for further upside continuation.

Watch for the potential buying opportunities on the dips with the upside objectives at the price of $21.200 and $22.565.

MACD is showing positive reading, which is good sign that demand is in control....

Key support s set at the price of $18.550

Analyst InstaForex
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