Main Quotes Calendar Forum
flag

FX.co ★ BTC update for March 07,.2023 - Potential for the downside continuation

parent
Crypto Analysis:::2023-03-07T07:36:03

BTC update for March 07,.2023 - Potential for the downside continuation

Technical analysis:

BTC update for March 07,.2023 - Potential for the downside continuation

BTC/USD has been trading sideways at the price of $22.425. I see potential for the downside continuation.

In case of the breakout of the flag pattern, I see potential for the drop towards $20.7150 and $19.000

In case of the rally first, there is key resistance zone at $23.200.

Stochastic is showing the potential bear cross.

Key resistance is set at the price of $23.200

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...