Technical analysis:
BTC/USD has been trading upside and I found breakout of the well defined symmetrical triangle patter. There is potential for the further growth.
Due to the breakout of the symmetrical triangle and strong underlying trend in the background, I see potential for the further growth.
Upside objectives are set at $35.185 and $36.300
RSI oscillator is showing positive reversals, which is another good sign for the further rally.
Support is set at the price of $33.000
The material has been provided by InstaForex Company – www.instaforex.com
Technical analysis:
BTC/USD has been trading upside and I found breakout of the well defined symmetrical triangle patter. There is potential for the further growth.
Due to the breakout of the symmetrical triangle and strong underlying trend in the background, I see potential for the further growth.
Upside objectives are set at $35.185 and $36.300
RSI oscillator is showing positive reversals, which is another good sign for the further rally.
Support is set at the price of $33.000
The material has been provided by InstaForex Company – www.instaforex.com
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