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Technical analysis:
BTC/USD has been trading upside and there is potential for the breakout of the triangle.
Trading recommendation:
Watch for the breakout of key resistance levels at $20.340 to confirm further upside movement.
In case of the upside breakout of the resistance, watch for buying opportunities on the intraday dips with the upside objective at $22.400.
Stochastic oscillator is showing bullish cross, which is good sign that buyers are taking control.
Key support is set at the price of $18.200
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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