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10.11.202311:47 विदेशी मुद्रा विश्लेषण और समीक्षा: BTC update for November 10, 2023 - Triangle pattern in creation

Technical analysis:

Exchange Rates 10.11.2023 analysis

BTC/USD has been trading in the consolidation at $36.500 and I see that triangle pattern is in creation. There is potential for the brekaout mode.

In case of the downside breakout of the support at $36.000, there is the chance for the lower price towards $35.700 and $35.000

In case of the upside breakout of the resistance at $37.000, there si the chance for the rally towards $38.000

RSI oscillator is showing reading around 50, which is sign of indecision and potential for the further breakout.

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

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