FX.co ★ BTC update for October 18,.2022 - Breakout of the mini trading range

Technical analysis:

BTC has been trading upside and I found the breakout of the mini sideways base, which is sign that buyers are in control.

Trading recommendation:

Due to the breakout of the multi day balance to the upside, I see potential for further rally towards upper references.

Watch for the potential buying opportunities on the intraday dips with the upside objectives at the price of $19.940 and $20.400

Stochastic oscillator is showing fresh upside cross, which is strong sign that buyers are in control.

Key support is set at the price of $19.000