BTC analysis for August 26,.2021 - Breakout of the bracket market in the background

Technical analysis:

BTC has been downside as I expected. There is the breakout of the bracket market for the downside, which is sign for further drop.

Trading recommendation:

Watch for selling opportunities on the rallies with the downside targets at $44,100.

Stochastic oscillator is showing overbought condition and fresh bear cross, which is another sign for the further downside movement.