FX.co - BTC analysis for July 144,.2021 - Potetnial for the upside movement towards $33.200

2021-07-14T12:39:08

Relevance until2021-07-15

Technical analysis:

BTC analysis for July 144,.2021 - Potetnial for the upside movement towards $33.200

BTC has been trading upside this morning and I see the corrective rally to continue till end of the day.

Trading recommendation:

Due to breakout of the downside channel, watch for intraday bull opportunities with target at $33.200.

Stochastic oscillator is showing oversold condiiton and fresh bull cross, which is good sign for further rally....

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade

Analytical expert

Petar Jacimovic

FX.co ★ BTC analysis for July 144,.2021 - Potetnial for the upside movement towards $33.200