Technical analysis
:
BTC/USD has been trading sideways at the price of $20.600. I see potential condition for the breakout in order to confirm further direction.
Trading Recommendation:
Due to the sideways regime, I would watch for the potetnial breakout to confirm further direction.
If the BTC breaks the resistance at $20.900, watch for buying opportunities on the intraday dips wit the upside objectives at $21.590 and $22.850
If the BTC breaks the support at $19.790, watch for selling opportunities with the downside objective at $17.800.