FX.co ★ BTC analysis for June 23,.2021 - Exhasution pattern and potential for the downside movement

Technical analysis:

BTC has been trading sideways but there is potential for the bigger drop towards $31.786 and $29.185.

Trading recommendation:

Watch for potential selling opportunities if the price breaks the mini channel.

Downside targets are set at the price of $31.786 and $29.185.

Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the downside rotation.Resistance is set at $34.470