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Technical analysis:
BTC/USD has been trading upside today and I found the breakout of the downside channel, which is good sign for further upside movement.
Trading recommendation:
Due to the breakout of the downside channel and upisde momentum in the background, I see potential for further upside movement.
Watch for potential buying opportunities on the intraday dips with the upside objective at $24.550.
Stochastic is showing bull cross, which is another sign for further rally.
Key support is set at the price of $22.500
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