FX.co ★ BTC update for April 18,.2023 - Potential for the upside movement

Technical analysis:

BTC/USD has been trading upside this morning and I found the breakout of the mini downside channel in the background, which is good sign for the further higher prices.

Due to the breakout of the mini downside channel in the background and the potential fake breakout of the trading range, I see potential for the higher prices...

Upside objectives are set at the price of $30.550

MACD oscillator is upside reading, which is good sign for the further higher prices....

Support is set at the price of $29.300