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28.07.202214:12 Forex Analysis & Reviews: BTC update for July 28,.2022 - Potential for the upside continuation

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Technical analysis:

Exchange Rates 28.07.2022 analysis

BTC has been trading upside in the background. There is potential for the upside continuation after the pullback

Trading recommendation:

Due to the strong upside momentum from yesterday, watch for buying opportunities on the pullbacks.

Upside objective is set at the price of $24.000.

Stochastic is showing oversold condition and fresh bull cross, which is sign for the further upside movement.

Support level is set at the price of $22.300

Petar Jacimovic
Analytical expert of InstaForex
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