Relevance up to 10:00 2022-06-22 UTC+2 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
Technical analysis:
BTC/USD has been trading upside today and I see that there is the breakout of the consolidation on the daily time-frame. Trading recommendation: Due to the breakout of the conoslidation and upside momentum today, I see potential for further upside movement. Watch for potential buying opportunities on the intraday dips with the upside objectives at $23.000 and $25.420. Stochastic oscillator is showing fresh bull cross and potential for the higher prices. Key support is set at the price of $17.600
Read more: https://www.instaforex.eu/forex_analysis/281055
