empty
 
 
in
सहायता
तुरंत खाता खोलना
ट्रेडिंग प्लेटफॉर्म
जमा/ निकासी

11.10.202310:28 विदेशी मुद्रा विश्लेषण और समीक्षा: BTC update for October 11, 2023 - Broken triangle pattern to the downside

Technical analysis:

Exchange Rates 11.10.2023 analysis

BTC/USD has been trading downside today and I found that there is the breakout of the descending triangle pattern, whch is good sign for the further downside movement.

Due to the breakout of the the consolidation and strong downside momentum this morning, I see potential for the further drop towards lower reference.

Downside objective is set at the price of $26.100

RSI oscillator did showing bearish trend and reading below 40, which is good confirmation for the new downside trend.

Key resistance is set at the price of $28.200

*यहां पर लिखा गया बाजार विश्लेषण आपकी जागरूकता बढ़ाने के लिए किया है, लेकिन व्यापार करने के लिए निर्देश देने के लिए नहीं |

Benefit from analysts’ recommendations right now
Top up trading account
Open trading account

InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.

Earn on cryptocurrency rate changes with InstaSpot
Download MetaTrader 4 and open your first trade
अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.