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FX.co ★ BTC update for November 04,.2022 - Breakout of the trading range and potential for bigger growth

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Crypto Analysis:::2022-11-04T07:50:43

BTC update for November 04,.2022 - Breakout of the trading range and potential for bigger growth

Technical analysis:

BTC update for November 04,.2022 - Breakout of the trading range and potential for bigger growth

BTC/USD has been trading upside and I found the breakout of the triangle pattern in the background, whic his good sign for further growth.

Trading recommendation:

Watch for the buying opportunities on the intraday dips with the upside objectives at the price of $21.100 and $22.500.

Stochastic oscillator is showing upside reading, which is good sign for further upside movement.

Key support is set at hte price of $20.000

Analyst InstaForex
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