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23.06.2021: Forex Analysis & Reviews: BTC analysis for June 23,.2021 - Exhasution pattern and potential for the downside movement

Technical analysis:

analytics60d31fa038fd0.jpg

BTC has been trading sideways but there is potential for the bigger drop towards $31.786 and $29.185.

Trading recommendation:

Watch for potential selling opportunities if the price breaks the mini channel.

Downside targets are set at the price of $31.786 and $29.185.

Stochastic is showing overbought condition and fresh bear cross, which is another sign and confirmation for the downside rotation.Resistance is set at $34.470

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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