Technical analysis:
BTC/USD is still trading inside of the well defined trading range and I see potential for the potential breakout mode.
In case of the breakout of the resistance at the price of $31.500, there is potential for the rally towards $34.000
In case of the breakout of the support zone at $29.500, there is potential for the drop towards $27.360
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
is still trading inside of the well defined trading range and I see
potential for the potential breakout mode.
In
case of the breakout of the resistance at the price of $31.500, there
is potential for the rally towards $34.000
In
case of the breakout of the support zone at $29.500, there is
potential for the drop towards $27.360
The material has been provided by InstaForex Company – www.instaforex.com
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