FX.co ★ BTC update for November 15,.2022 - Potential for further upside movement

Technical analysis:

BTC has been trading upside as I expected. I found breakout of the downside channel in the background, which is good sign for further growth.

Trading recommendation:

Due to the breakout of the downside channel in the background, I see potential for further growth.

Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $18.143.

MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.

Key support is set at the price of $16.170