Main Quotes Calendar Forum
flag

FX.co ★ BTC update for January 03,.2023 - Breakout of the resistance zone and potential for further growth

parent
Crypto Analysis:::2023-01-03T07:55:51

BTC update for January 03,.2023 - Breakout of the resistance zone and potential for further growth

Technical analysis:

BTC update for January 03,.2023 - Breakout of the resistance zone and potential for further growth

BTC/USD has been trading upside as I expected and there is the potential for the further growth towards the upper references.

Trading recommendation:

Due to the breakout of the defined trading range to the upside, I see potential for the further growth.

Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $16.900

Stochastic oscillator is showing fresh bull cross and potential for the further growth.

Key support is set at the price of $16.500

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...