BTCUSD 23.09.2022

Technical Analysis
Friday, September 23, 2022 - 03:31
Point Trader Group

Summary:

Bearish

Expected scenario:

The pair is trading below a strong resistance level around 20000, which enhances the chances of a drop to 17000 - 16000 (the drop is confirmed by a break of 18000 below).

Alternative scenario:

Breaking the level of 20000 upwards, may push the pair up to 22000

resistance levels

21000 - 22000

Support levels

18000 - 17500

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


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