Technical
analysis:

analytics64ca8ad2c7e6d.jpg

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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