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BTC update for August 02,.2023 – Potential for the breakout mode
August 2, 2023 6:25 pmVideo
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Technical
analysis:
BTC/USD has
been trading downside
today
and I see that market formed defined trading range. There is
potential for the breakout mode.
In
case of of the breakout of the support at $28.500 and hold below, I
see potential for the further drop towards $27.125
In
case of the upside breakout of the resistance at $30.300 and hold
above, I see potential for the growth towards $31.350
The material has been provided by InstaForex Company – www.instaforex.com
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