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FX.co ★ BTC update for November 18,.2022 - Potentila for the breakout of the range

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Crypto Analysis:::2022-11-18T08:29:21

BTC update for November 18,.2022 - Potentila for the breakout of the range

Technical analysis:

BTC update for November 18,.2022 - Potentila for the breakout of the range

BTC has been trading sideways at the price of $16.700. I see potential for the range breakout play.

Trading recommendation:

In case of the upside breakout of the resistance at $17.100, watch for buying opportunities with teh upside objective at $18.060

In case of the downside breakout of the support at $16.345, watch for selling opportunities with the downside objective at $15.800

Analyst InstaForex
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