Technical analysis:
BTC/USD has been trading upside but I found the strong resistance zone on the test at the price of $23.300
Trading recommendation:
Due to the breakout of the bigger trading range and re-test of the resistance zone, I see potential for the downside movement.
Watch for the potential selling opportunities with the downside objectives at $21.330 and $20.360
MACD oscillator is showing fresh downside reading, which is good sign that we can see downside continuation.
Key resistance zone is set at $23.300
