FX.co ★ BTC update for November 30,.2022 - Potential for bigger rally

Technical analysis:

BTC/USD has been trading upside as like I expected. I found breakout of the supply trend line, which is good sign for the further rise.

Trading recommendation:

Due to the breakout of the supply trend line, I see ptential for the bigger rally towards upper references.

Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $21.350

Stochastic oscillator is showing fresh bull cross, which is good sign for the further rally.

Key support is set at the price of $16.000