Main Quotes Calendar Forum
flag

FX.co ★ BTC update for September 30,.2022 - Triangle pattern in creation

parent
Crypto Analysis:::2022-09-30T07:53:24

BTC update for September 30,.2022 - Triangle pattern in creation

Technical analysis:

BTC update for September 30,.2022 - Triangle pattern in creation

BTC has been trading sideways at the price of $19.580 and I can see that triangle pattern is in creation.

Trading recommendation:

Due to the sideways condition and triangle in creation, watch for potential breakout to confirm further direction.

In case of the breakout of the resistance level at $19.700, watch for the buying opportunities on the intraday dips with the upside objective at $20.270

In case of the downside breakout of the triangle pattern, watch for selling opportunities with the downside objective at the price of $18.900

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...