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Technical analysis:
BTC/USD has been trading upside as like I expected. I found breakout of the supply trend line, which is good sign for the further rise.
Trading recommendation:
Due to the breakout of the supply trend line, I see ptential for the bigger rally towards upper references.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $21.350
Stochastic oscillator is showing fresh bull cross, which is good sign for the further rally.
Key support is set at the price of $16.000
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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