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28.10.2021 01:57 PM
BTC analysis for October 28,.2021 - Buyers in control

Technical analysis:

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BTC has been trading upside today and I see further upside continuation towards the Pitchfork Middle lane...

Trading recommendation:

Due to strong upside momentum today, I see potential for the further upside continuation.

Watch for buying opportunities on the pullbacks with the downside target at the price of $62,200.

Stochastic oscillator is showing overbought reading but with no evidence for the reversal.

Intraday support is set at the price of $60,370

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