Technical analysis:
BTC has been trading sideways at the price of $59,000. Potential for the breakout in next period.
Trading recommendation:
Due to sideways market condition and inside day so far on the market. My advice is to watch for potential breakout to confirm further direction.
Downside breakout of the support at $57,780 can confirm drop towards $54,250
Upside breakout of resistance at the price of $61,150 can confirm test of $62,700
Stochastic is showing downside pressure....
