BTC update for June 13,.2023 – Breakout of the triangle to the upisde
June 13, 2023 7:27 am
Technical analysis:
BTC has been trading upside this morning and I found breakout of the triangle pattern, which is good sign for the further upside movement.
Due to the strong mid and long term upside trend and the breakout of the triangle pattern, I see potential for the further upside movement towards next reference point.
Upside objective is set at the price of $27.300
MACD oscillator is showing upside reading, which is good sign for the further higher prices.
Key support is set at the price of $25.500
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC
has been trading
upside this morning and I found breakout of the triangle pattern,
which is good sign for the further upside movement.
Due
to the strong
mid and long term upside trend and
the breakout of the triangle pattern, I see potential for the further
upside movement towards next reference point.
Upside objective
is set at the price of $27.300
MACD
oscillator
is showing
upside reading, which is good sign for the further higher prices.
Key
support is set at the price of $25.500
The material has been provided by InstaForex Company – www.instaforex.com
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