Technical analysis:
BTC has been trading upside today but in very well defined upside tight channel. I see potential for the downside continuation..
Trading recommendation:
Due to the downside breakout of the mini upside channel, I see potential for the downside continuation.
Watch for potential selling opportunities the intraday rallies with the downside objectives at $37.815 and $36.430.
Stochastic oscillator is showing bear divergences, which is important sign that buying power is decreasing.
Resistance is set at $40.710
