FX.co ★ BTC update for September 29,.2022 - Trading range condiiton

Technical analysis:

BTC has been trading sideways at the price of $19.310. Anyway, watch for potential rejection or breakout of the key support at $19.240 to confirm further direction.

Trading recommendation:

In case of the downside breakout of support at $19.240, watch for selling opportunities on the intraday rallies with the downside objective at the price of $18.620

In case of the rejection of support at $19.240, watch for the buying opportunities and upside objective at the price of $19.750.