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FX.co ★ BTC update for November 17,.2022 - Potentila for the breakout of the range

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Crypto Analysis:::2022-11-17T07:33:57

BTC update for November 17,.2022 - Potentila for the breakout of the range

Technical analysis:

BTC update for November 17,.2022 - Potentila for the breakout of the range

BTC/USD has been trading sideways at the price of $16.600. BTC Is in the trading range and I see potential for the breakout play.

Trading recommendation:

In case of the upside breakout of the resistance at $17.100, watch for buying opportunities with upside objective at $18.000

In case of the downside breakout of the support at $16.340, watch for selling opportunities with the downside objective at $15.800

Analyst InstaForex
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