Relevance up to 13:00 2022-07-14 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 there is the trend for the day. I see potential for the further rally. Trading recommendation: Watch for potential buying opportunities on the intraday dips due to the breakout of the downside channel. Upside objectives are set at the price of $20.600, $21.190 and $21.900. MACD is showing decreasing in the downside momentum and potential for the rally. Key support is set at the price of $19.240
Read more: https://www.instaforex.eu/forex_analysis/284340
