Technical analysis:
BTC/USD has been trading in the sideways range at the price of $29.360. Key support at the price of $29.300 is on th test.
In case of the breakout of the support zone at $29.285, I see potential for the further drop towards $29.130
In case of the rejection of the support zone at $29.285, I see potetnial for the further rally towards upside extreme at $29.630
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
has been trading in the sideways range at the price of $29.360.
Key support at the price of $29.300 is on th test.
In
case of the breakout of the support zone at $29.285, I see potential
for the further drop towards $29.130
In
case of the rejection of the support zone at $29.285, I see potetnial
for the further rally towards upside extreme at $29.630
The material has been provided by InstaForex Company – www.instaforex.com
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