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FX.co ★ BTC update for October 02, 2023 - Broken triangle pattern

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Crypto Analysis:::2023-10-02T08:52:19

BTC update for October 02, 2023 - Broken triangle pattern

Technical analysis:

BTC update for October 02, 2023 - Broken triangle pattern

BTC/USD has been trading upside, I found breakout of the triangle pattern in the background, which is good sign for the further rally.

Due to the breakout of the triangle pattern and the rising lows, I see potential for the further growth towards next upside references.

Upside objectives are set at the price of $30.300 and $31.200

RSI oscillator is showing upside reading and upside trend

Key support is set at the price of $27.300

Analyst InstaForex
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