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FX.co ★ BTC update for April 19,.2023 - Potential for the upside movement

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Crypto Analysis:::2023-04-19T07:32:41

BTC update for April 19,.2023 - Potential for the upside movement

Technical analysis:

BTC update for April 19,.2023 - Potential for the upside movement

BTC/USD has been trading downside this morning but I found that key support cluster at the price of $30.000 is on the test.

Due to the rejection of the key support cluster in the background and the short-term upside trend, I see potential for the further rally.

Upside objectives set at the price of $30.500

MACD oscillator is showing decreasing in the downside movement, which is good sign for the further upside movement.

Support is set at the price of $30.000

Analyst InstaForex
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