Technical analysis:
BTC/USD has been trading sideways and I found the defined trading range. I see potential for the breakout play.
Trading recommendation:
Due to the sideways condition, I see potential for the breakout play if the price breaks key resistance zone at $23.350.
Watch for the potential buying opportunities in case of the upside breakout of $23.350 with the upside objective at $24.330
MACD oscillator is showing fresh upside momentum, which is strong sign that buyers are in control.
Key support is set at the price of $22.350
