BTC update for July 24,.2023 – Key support cluster on the test
July 24, 2023 9:24 am
Technical analysis:
BTC/USD has been trading sideways at the price of $30.000. I see potential for the rejection of the breakout mode.
In case of the rejection of the key support cluster at the price of $29.600, there is the chance for the rally towards upside references at $30.350 and $31.400
In case of the downside breakout to the support cluster at $29.600 and hold below, there is the chance for the the drop towards lower references at $28.330 and $27.300
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
has been trading sideways
at the price of $30.000.
I see potential for the rejection of the breakout mode.
In
case of the rejection of the key support cluster at the price of
$29.600, there is the chance for the rally towards upside references
at $30.350 and $31.400
In
case of the downside breakout to the support cluster at $29.600 and
hold below, there is the chance for the the drop towards lower
references at $28.330 and $27.300
The material has been provided by InstaForex Company – www.instaforex.com
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