Technical analysis:
BTC/USD has been trading sideways today at the price of $21.400. There is the triangle in creation, which can be a good sign for further downside continuation.
Trading recommendation:
Due to the potential downside breakout of the symmetrical triangle, I see further downside movement.
Watch for potential selling opportunities on the intraday rallies with the downside objective at $19.100.
MACD oscillator is showing negative reading with no signs for the reversal.
Resistance is set at $22.400
