Main Quotes Calendar Forum
flag

FX.co ★ BTC update for October 03, 2023 - Broken triangle pattern

parent
Crypto Analysis:::2023-10-03T08:33:55

BTC update for October 03, 2023 - Broken triangle pattern

Technical analysis:

BTC update for October 03, 2023 - Broken triangle pattern

BTC/USD has been trading sideways at the price of $27.600 but there is the breakout of the triangle pattern in the background to the upside.

Due to the breakout of the triangle pattern in the background, I see potential for the further rally towards $30.000

RSI oscillator is showing reading above 60, which his good indication that buyers are in control.

Support level is set at the price of $27.000

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...