Technical analysis:
BTC/USD has been trading sideways at the price of $30.175 and I see potential for the breakout mode.
Due to the tight consolidation for already few days, I see potential for the directional breakout mode in order to confirm further direction.
Breakout of the resistance at the price of $30.800, might be good indication for the further rally towards 34.000
Breakout of the support at the price of $30.000, might be good indication for the further drop towards $26.850
The material has been provided by InstaForex Company – www.instaforex.com
Technical
analysis:
BTC/USD
has been trading
sideways at the price of $30.175 and I see potential for the breakout
mode.
Due
to the tight consolidation for already few days, I see potential for
the directional breakout mode in order to confirm further direction.
Breakout
of the resistance at the price of $30.800, might be good indication
for the further rally towards 34.000
Breakout
of the support at the price of $30.000, might be good indication for
the further drop towards $26.850
The material has been provided by InstaForex Company – www.instaforex.com
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