BTCUSD chart patterns

BTCUSD support and resistance

BTCUSD trading within 75,500.00–82,300.00: will it break out?

General outlook
BTCUSD has been trading in a sideways market within the last day.
Support levels are now located at 75,500.00 and 70,500.00.
If the pair rebounds from the support level, analysts recommend opening a Buy order with a take profit at the nearest resistance level. In case the breakout is confirmed, analysts suggest opening a Sell order.
Now, the resistance level is located at 82,300.00.
The upcoming news will not influence your orders within the mentioned period.
Some traders may close their positions on Friday, which can add more pressure to the market.
We will publish our next post on support and resistance levels at 4:00 a.m. UTC on 25 May. Come back to discover more trading insights.
Share your thoughts in the comments section if it's available for you.$BTC

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