Technical analysis:
BTC/USD has been trading downside in the background as I expected. The price reached the first downside objective at $21.000.
Trading recommendation:
Due to the strong downside momentum and potential for bigger drop,selling opportunities on the rallies is best strategy under current condition.
Watch for potential selling opportunities on the intraday rallies with the downside objective at $19.000.
Stochastic oscillator is showing fresh bear cross, which is showing potential for further downside movement.
Key resistance is set at the price of $25.155
