Technical analysis:
BTC has been trading upside as I expected. I found breakout of the downside channel in the background, which is good sign for further growth.
Trading recommendation:
Due to the breakout of the downside channel in the background, I see potential for further growth.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $18.143.
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $16.170
