Technical
analysis:

analytics644b755bb26b5.jpg

BTC
has been trading upside yesterday
but I found the
breakout of the triangle pattern, which is good sign for the further
higher prices.

Due
to the breakout of the triangle pattern in the background and upside
trend on higher time-frames, I see potential for the further upside
continuation.

Upside
objective is set at the price of $30.000

MACD
is showing upside reading, which is good sign for the further higher
prices….

Key
support is set at the price of
$28.640

The material has been provided by InstaForex Company – www.instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.