Relevance up to 13:00 2022-07-22 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.
BTC/USD has been trading downside this morning and it is on the pullback mode. Pay attention on the key pivot support at the price of $22.000. Trading recommendation: Watch for the price action around key pivot level at $22.000 in order to confirm further direction. In case of the downside breakout of the pivot at $22.000, watch for selling opportunities on the rallies with the downside objective at $20.000 In case of the rejection of the pivot support at $22.000, watch for buying opportunities on the intraday pullbacks with the upside objectives at $24.000 and $25.350