20.07.202213:30 Forex Analysis & Reviews: BTC update for July 20,.2022 - Breakout of the key pivot resistance and potential for further rally

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Technical analysis:

BTCUSD has been trading upside today and I saw the breakout of major resistance level at $22.600, which is good sign for further rise.

Trading recommendation:

Due to the breakout of the key pivot resistance, I see potential for the upside movement.

Watch for potential buying opportunities on the intraday pullbacks with the potential upside objectives at $25.224 and $27.315.

Stochastic is showing another fresh upside breakout, which is good sign for further rise...

Key support is set at the price of $19.000

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