Technical analysis:
BTC/USD is trading downside this morning and there is the bigger rising wedge in the background.
Trading recommendation:
Due to the strong downside momentum today and the potential for the bigger breakout of rising wedge pattern, I see downside movement.
Watch for potential selling opportunities on the intraday rallies with the downside objectives at $22.700 and $20.875.
Stochastic oscillator is showing bull cross but with no so much progress, which is sign of weak buying.
Key resistance is set at the price of$25.000
